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    Iran to Use Stored Gas for Exports to Turkey

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Summary

Iran will export stored natural gas for exports to Turkey, Iran’s Natural Gas Storage Company’s Managing Director Masoud Samivand said on Saturday.

by: shardul

Posted in:

Asia/Oceania

Iran to Use Stored Gas for Exports to Turkey

Iran will use stored natural gas for exports to Turkey, Iran’s Natural Gas Storage Company’s Managing Director Masoud Samivand said on Saturday.

According to media reports, the plan is to extract 10 million cubic meters of gas per day from its Sarajeh gas storage facility during winter in order to stabilize gas exports to Turkey.

Mehr News Agency adds that Iran plans to stabilize gas exports to Turkey.

Turkey has complaint about uncertain condition of gas imports from Iran as well as high price of Iranian gas, Mehr quoted Iranian deputy oil minister Hamidreza Araqi.

Under an agreement between Tehran and Ankara, Iran should export up to 30 million cubic meters of gas daily to its northwestern neighbor.

 In 1996, Iran and Turkey signed a 25 year agreement to supply 10 billion cubic meters of gas to Turkey annually.

 In October, Turkish Energy Minister Taner Yildiz said that Turkey is importing 10 billion cubic meters (bcm) of gas a year from Iran but would buy more if it were available, Tehran Times reports.

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