Tehran Times: Turkey to transit 2bcm of Iranian gas to Europe
Turkey will to transit 2 billion cubic meters of Iranian gas annually to Europe, the Mehr News Agency reported on Wednesday.
The two neighboring countries are close to finalize pricing terms and conditions.
National Iranian Gas Company Managing Director Javad Owji said on Monday Iran will “witness a change in the revenues of the country from crude oil to natural gas.”
He pointed to the country’s goal to triple gas shipments to some of its neighbors, saying, “By signing new deals with Turkey and Iraq, Iran will increase natural gas exports to about 100 million cubic meters by next year from a current 35 million.”