Iran has initiated a gas transit project, receiving Turkmen gas and delivering it to Turkey under a swap agreement. This operation will benefit northeastern Iran and reinforce its position as an energy hub. Specific agreements and details are still being finalized.
Iran has officially commenced the transit of Turkmen gas to Turkey, as stated by the Iranian Oil Minister, Mohsen Paknejad. This operation involves receiving gas from Turkmenistan in Iran’s northeast and simultaneously supplying the same quantity to Turkey under a swap agreement. The initiative aims to enhance gas distribution to customers in northeastern Iran, where pressure issues arise due to distance from production centers.
The oil minister highlighted that this gas swap would reinforce Iran’s status as a significant energy hub in the region. He remarked, “This effort is a sign of government’s determination to expand energy diplomacy,” showcasing the country’s commitment to strengthening energy relations.
Nevertheless, Paknejad noted that the specifics of the gas swap arrangement involving Iran, Turkmenistan, and Turkey are still pending finalization. He stated, “One can say that this agreement has become operationalized, but we should wait until other aspects of the agreement can be publicized in the media in the future.”
A report from Turkmenistan’s official publication indicated that a deal had been struck between Turkmengas and Turkey’s BOTAS, initiating gas exports via Iran starting March 1. Additionally, discussions between Turkmenistan’s leadership and the Iranian President emphasized the significance of the emerging energy collaboration.
Despite the advancements, the three nations have yet to release an official statement detailing specifics such as the quantity and pricing of the gas supplies from Turkmenistan. It is anticipated that Turkmengas will utilize the unused capacity of an Iranian pipeline to deliver up to 4 billion cubic meters of natural gas per year to Turkey. Recent reports suggest that this arrangement might facilitate Turkey’s capability to transport a portion of gas imported from Azerbaijan to Europe.
In conclusion, Iran’s commencement of gas transit from Turkmenistan to Turkey marks a significant step in enhancing regional energy cooperation. This initiative is poised to improve gas supply in northeastern Iran and bolster Iran’s role as an energy hub. While details of the agreement remain under discussion, its implications for energy diplomacy and regional partnerships are considerable.
Original Source: www.presstv.ir
