Iran General NewsIran: No Turkmen gas price talks till flows resume

Iran: No Turkmen gas price talks till flows resume

-

Reuters: Iran will not discuss any increase in the price of gas supplied from Turkmenistan until flows to the Islamic Republic resume, Iran’s oil minister was quoted by the ministry’s Web site SHANA as saying on Wednesday. TEHRAN, Jan 9 (Reuters) – Iran will not discuss any increase in the price of gas supplied from Turkmenistan until flows to the Islamic Republic resume, Iran’s oil minister was quoted by the ministry’s Web site SHANA as saying on Wednesday.

Iranian officials said last week Turkmenistan had halted daily deliveries of up to 23 million cubic metres to Iran, blaming it on technical problems. But some Iranian media have suggested it might be linked to a pricing dispute.

“We have said that until the flow of gas from Turkmenistan resumes, we will not have any talks about a review on increasing the price of Turkmenistan’s natural gas,” Oil Minster Gholamhossein Nozari said.

The head of Iran’s state gas company last week said Turkmenistan had cited emergency repairs as the reason for the cut in supplies. But he also said Turkmenistan wanted to increase the price of gas it sells to Iran.

In November, Turkmenistan reached an agreement to increase the price of gas it delivers to Russia’s gas export monopoly Gazprom by 30 percent.

Iran, a small gas importer despite its huge gas reserves, gets about 5 percent of its needs from Turkmenistan and the supply disruption caused shortages in some areas as well as a reduction in Iran’s gas exports to Turkey last week.

Despite sitting on the world’s second largest gas reserves after Russia, analysts say Iran has been slow to develop the sector due to sanctions, politics and construction delays.

(Reporting by Parisa Hafezi, writing by Edmund Blair and Fredrik Dahl)

Latest news

Grim Tidings for Iran’s Regime After Approval of UN Fact-Finding Mission

After many discussions and debates, the United Nations Human Rights Council has approved a fact-finding mission to investigate the...

Iranian People’s Resistance Changed the Appeasement Policy

Soon after the new US government started its obligations in January 2021, hand in hand with the European governments...

Khamenei’s Disgraceful Campaign Against Piranshahr and Javanrud, Who Will Be the Loser?

On the 67th day of Iran’s revolution, the Iranian regime attempted to put a halt to the protests in...

Iran: Expensive Medicine, Cheap Human Life

A look at the equipment and weapons that the Iranian regime has been using against its people to suppress...

Who Is Abolqasem Salavati Iran Regime’s Killer Judge?

Last week, it was announced that the case of several people who were arrested during the Iranian People's uprising...

Iran Revolution Characteristics

More than two months have passed since the start of the latest round of protests in Iran against the...

Must read

Human Rights Group Commends Albania for hosting Camp Liberty Iranians

The Italian Helsinki Committee for human rights supports Albania's...

More than 100 killed in Iran plane crash – UPDATE 2

Iran Focus: Tehran, Iran, Dec. 06 – All 94...

You might also likeRELATED
Recommended to you