Iran has begun transiting Turkmen gas to Turkey under a swap agreement, improving gas supply in northeastern Iran and enhancing its regional energy status. Details of the agreement are still being finalized, but it signifies enhanced cooperation among Iran, Turkmenistan, and Turkey.
Iran has confirmed the commencement of gas transit from Turkmenistan to Turkey. This initiative involves a swap agreement, wherein Iran receives gas from Turkmenistan in its northeastern region and supplies the same volume to Turkey. Oil Minister Mohsen Paknejad emphasized that this deal would enhance gas supply to customers in Iran’s northeast, known for its lower gas pressure due to distance from production centers.
Furthermore, Paknejad highlighted that the gas swap would solidify Iran’s status as a regional energy hub. “This effort is a sign of the government’s determination to expand energy diplomacy,” he stated, according to the Iranian Oil Ministry’s Shana news service. However, specifics about the gas swap deal between the three nations have not yet been finalized.
Paknejad noted that while the agreement is operational, further details will be disclosed later. A report by Turkmenistan’s Neutral Turkmenistan indicated that Turkmengas signed a deal with Turkey’s BOTAS for gas exports through Iran starting March 1. The deal has been hailed as significant for regional energy collaboration following discussions between Turkmenistan’s chairman and Iranian President Masoud Pezeshkian.
Additionally, the size and pricing details of the gas supplies have not been officially communicated. It was reported that Turkmengas could leverage an unused Iranian export pipeline’s capacity to ship up to 4 billion cubic meters annually to Turkey. Iran has established multiple gas swap agreements with Turkmenistan to deliver gas to Azerbaijan and Iraq, signifying a growing energy partnership in the region.
In summary, Iran’s initiation of gas transit from Turkmenistan to Turkey marks a significant advancement in regional energy cooperation. The swap agreement promises enhanced gas delivery to Iran’s northeast while enhancing its position as an energy hub. Though details remain to be finalized, international collaboration in energy continues to strengthen, particularly between Iran, Turkmenistan, and Turkey.
Original Source: www.presstv.ir
