Turkmenistan and Iran intensify cooperation in the gas industry

23:06 03.07.2024 746

https://oilgas.gov.tm/storage/posts/11304/original-16685550ae90ea.jpg

On July 1-3, 2024, negotiations between the Turkmen and Iranian sides took place in Ashgabat, during which a wide range of issues related to the further development of cooperation between Turkmenistan and the Islamic Republic of Iran in the gas industry were discussed.

According to the press service of the Ministry of Foreign Affairs, following the meetings, the Turkmen and Iranian parties signed a contract for the purchase and sale of natural gas in the amount of up to 10 billion cubic meters of gas per year, which will be supplied from Turkmenistan to the Republic of Iraq through the territory of the Islamic Republic of Iran under the “SWAP” scheme.

Currently, the Turkmen and Iranian sides are actively working together to implement the agreements previously reached at the highest state level on the development of gas cooperation.  Thus, to expand the gas transportation infrastructure, Iranian companies will carry out work on the construction of a new gas pipeline with a length of 125 kilometers and three gas compressor stations on the territory of Turkmenistan, which are necessary to supply additional volumes of gas to Iran.

In addition to existing capacities, it is planned to increase the volume of gas supplied to Iran along the Dovletabad-Sarakhs-Hangeran routes and through the Chaloyuk gas measuring station to 40 billion cubic meters per year.

The positive experience of joint activities in the field of supplies of Turkmen gas to Iran and through its territory to third countries serves as a solid basis for increasing the potential of bilateral partnership in this area, the Foreign Ministry notes.

Other articles
162d1457857f40.jpeg
International transport conference in Ashgabat will bring together representatives of more than 170 foreign companies

Next Monday, Ashgabat will host an international conference dedicated to the restoration of transport and transit corridors to strengthen regional and interregional interconnections and development. More than 400 delegates have registered to participate in the conference, according to a press release from Turkmen Forum, which is the co-organizer of the forum.


162cfc3741e3bb.jpeg
The President of Turkmenistan discussed with the Minister of Energy of the UAE the priorities of cooperation in the field of energy

On Wednesday, Turkmen President Serdar Berdimuhamedov discussed cooperation in the energy sector, which is a strategic sector of the economies of both countries, with UAE Minister of Energy and Infrastructure Suheil Al-Mazrui.


162cfba48c3abe.jpeg
Successful development of the promising Uzynada area continues

Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the ongoing measures to develop the promising Uzynada area in the Balkan region and expand its borders at a government meeting last Wednesday.


162d10d609a254.jpeg
Uzbekistan is interested in the supply of electricity, gas and oil products from Turkmenistan

President of Turkmenistan Serdar Berdimuhamedov is on a two-day state visit to Uzbekistan on July 14-15 at the invitation of President Shavkat Mirziyoyev, the State News Agency of Turkmenistan reports. On Thursday, top-level talks were held in narrow and expanded formats with the participation of government delegations of the two countries.


162ce69aeb4ed7.jpeg
The leaders of the country will take a vacation from August 1 to September 1

The leadership corps of Turkmenistan will be granted a vacation from August 1 to September 1. This decision was announced by the President of Turkmenistan Serdar Berdimuhamedov at an extended meeting of the government last Friday, at which the results of the country's socio-economic development for the first half of the year were summed up.