Iran has begun transiting gas from Turkmenistan to Turkey under a swap agreement. This initiative aims to boost Iran’s gas supply to its northeast region and enhance its role as a regional energy hub, though specifics about the deal are still being finalized.
Iran has officially commenced the transit of Turkmen gas to Turkey as part of a strategic swap agreement. According to Iran’s Oil Minister Mohsen Paknejad, this initiative will enhance gas supplies for customers in Iran’s northeast, an area that often experiences reduced gas pressure due to its distance from production centers.
Paknejad emphasized that this agreement is indicative of the government’s commitment to strengthening Iran’s role as a regional energy hub and enhancing energy diplomacy. However, the minister mentioned that specific details regarding the gas swap between Iran, Turkmenistan, and Turkey remain pending finalization.
Reports also indicate that Turkmenistan’s state-run gas company, Turkmengas, has entered into an agreement with Turkish state enterprise BOTAS to commence gas exports through Iran starting on March 1. This cooperative effort was highlighted during a conversation between Turkmenistan’s People’s Council Chairman and Iranian President Masoud Pezeshkian.
While discussions between the involved nations have been ongoing, there has been no official announcement concerning the volume or pricing of the gas involved in this undertaking. Additionally, it is anticipated that Turkemgas will utilize the existing capacity of Iranian pipelines to export up to 4 billion cubic meters of natural gas to Turkey. Iran has historically established gas swap agreements with Turkmenistan to supply neighboring countries, including Azerbaijan and Iraq, underscoring its strategic energy partnerships.
Experts suggest that Turkey’s recent agreement with Turkmenistan may facilitate the transportation of a portion of gas imported from Azerbaijan to European markets, further enhancing regional energy security.
In conclusion, Iran’s commencement of the Turkmen gas transit to Turkey not only aims to alleviate domestic supply challenges but also fortifies its position as a key player in regional energy dynamics. The ongoing negotiations suggest potential growth in energy cooperation among Iran, Turkmenistan, and Turkey, despite the pending disclosure of specific deal particulars.
Original Source: www.presstv.ir
