Turkmen natural gas supplies to Turkey via Iran to start on March 1, - Turkish Ambassador
08:09 18.02.2025 4132
Turkmen natural gas supplies to Turkey will start on March 1, 2025 and will be carried out via Iran as part of a barter scheme. This was stated by Turkish Ambassador to Turkmenistan Ahmet Demirok on Friday at a press conference for Turkmen and foreign media.
Turkey and Turkmenistan have reached a historic agreement on the supply of Turkmen gas to Turkey. On February 10, 2025, a corresponding agreement was signed between BOTAŞ and “Turkmengas”. Gas supplies will start on March 1, 2025 and will be carried out via Iran as part of a barter scheme, the ambassador noted.
This event is the result of many years of negotiations and marks an important step in strengthening energy cooperation between the two countries. The agreement provides for the supply of up to 2 billion cubic meters of gas per year, the diplomat added. The Turkish Ambassador to Turkmenistan stressed that this agreement is an important step towards ensuring energy security for both Turkey and the region as a whole. He also noted that Turkmenistan is a reliable partner in the global energy market. According to the Ambassador, in the long term, Turkey is interested in implementing the Trans-Caspian Gas Pipeline project, which will increase the volume of gas supplies from Turkmenistan and send it to the European market.
The first gas turbine repair center in Central Asia was put into operation in Turkmenistan
The Center for repair and maintenance of power equipment was put into operation in the Buzmein etrap of Ashgabat the day before. President Serdar Berdimuhamedov took part in the opening ceremony.
Turkmenistan and Georgia aim to intensify cooperation, including in the energy sector
On Wednesday, July 20, President Serdar Berdimuhamedov met with Prime Minister of Georgia Irakli Garibashvili, who arrived in the Turkmen capital at the head of his country's delegation.
Turkmenistan remains the leader in pipeline gas supplies to China
According to the results of 6 months of 2022, among the states selling pipeline gas to the PRC, Turkmenistan continues to occupy the first place, TASS reports with reference to the Main Customs Administration of the PRC.
Gas prices in Europe did not fall after the return of supplies via Nord Stream
Gas prices in Europe have not decreased after the resumption of supplies via Nord Stream. For a week now, the quotes have been steadily holding above $1,600 per thousand cubic meters.
Wide range of oil products was sold at exchange trading for export
At the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan on Monday, July 18, 48 transactions were concluded for a total of $25.5 million and 32 million Turkmen manats, Orient reports.