Iran Ready For 10-Fold Increase in Turkmen Gas Swap: Owji

BUSINESS TURKMENISTAN
Iran Ready For 10-Fold Increase in Turkmen Gas Swap: Owji
Meeting of Iran’s Petroleum Minister Javad Owji wth deputy chairmen of the Turkmen Government Serdar Berdimuhamedov and Rashid Meredov in Tehran on Saturday (Photo: Shana)

Iran’s Petroleum Minister Javad Owji in a meeting with high-ranking Turkmen delegation in Tehran on Saturday said gas swap volume with Turkmenistan can be increased by up to 10 times, Iran’s Press TV reports.

The Turkmen delegation was led by the Deputy Chairman of the Government Serdar Berdimuhamedov, who is in charge of economic and financial issues, and Deputy Chairman of the Cabinet and Foreign Minister Rashid Meredov.

Following the meeting, the Petroleum Minister said Iran’s infrastructure can transfer up to 40 million cubic meters (mcm) per day of gas received from Turkmenistan to its neighboring countries.

“Today we declared to the friendly and brotherly country (Turkmenistan) that we are ready for imports and swap of gas with neighboring countries to up to 40 mcm per day or 10-15 billion cubic meters per year,” Owji said.

The announcement came days after Iran started transferring around 4 mcm of natural gas received from Turkmenistan, located to the east of the Caspian Sea, to Azerbaijan, on the western side of the Sea, in accordance with trilateral agreement reached in late November in Ashgabat.

During the two-day visit to Tehran, the Turkmen delegation also held talks with the Iranian President Seyyed Ebrahim Raisi and other top government officials of Iran.