Iran General NewsIran agrees to raise Turkmen gas price

Iran agrees to raise Turkmen gas price

-

ImageReuters: Iran has accepted to raise the price of natural gas it imports from neighbouring Turkmenistan, a senior Iranian official told the semi-official Mehr news agency on Friday.

By Marat Gurt and Zahra Hosseinian

ImageASHGABAT/TEHRAN, April 25 (Reuters) – Iran has accepted to raise the price of natural gas it imports from neighbouring Turkmenistan, a senior Iranian official told the semi-official Mehr news agency on Friday.

"Iran has accepted to increase the price of gas it imports from Turkmenistan," said Iran's Deputy Oil Minister Reza Kasaizadeh, refusing to reveal the price.

Turkmenistan resumed gas supplies to Iran on Friday, ending months of closed-door wrangling over prices that has soured relations between the neighbours.

Central Asia's top gas exporter halted daily deliveries of up to 23 million cubic metres to Iran in late December, citing technical issues. Iran has said the aim was to raise the gas price and criticised Turkmenistan as an unreliable supplier.

On Friday, Mohammad Reza Forghani, Iran's ambassador to Turkmenistan, told Iran's official IRNA news agency that supplies resumed on Friday morning.

Separately, an Iranian embassy official told Reuters the deal was reached during a Thursday meeting between Turkmen President Kurbanguly Berdymukhamedov and Kasaizadeh.

"The original volume will be reached step by step," the official said on condition of anonymity. He added that the price was set "in accordance with international standards."

Former Soviet Turkmenistan has pursued an increasingly assertive regional diplomacy since Berdymukhamedov came to power in 2006 following decades of isolationist rule by his absolutist predecessor.

Turkmenistan, which exports most of its gas via Russia's Gazprom, teamed up with neighbouring Kazakhstan and Uzbekistan last month to start charging Russia higher prices for their gas from next year.

Turkmenistan's decision to stop supplies to Iran at the height of a record-cold winter angered Iran, which described the move as "immoral." The impact of the row was felt in other countries too, as Iran cut exports to Turkey, which in turn cut supplies to Greece.

Iran sits on the world's second-largest gas reserves but has been slow to develop exports, partly because of U.S. sanctions.

It has imported gas from Turkmenistan which mainly helps supply an area in northern Iran far from the Iranian main national grid.

As the dispute unfolded, Iran asked Turkmenistan to let it pay in euros when supplies resume, part of a bid to reduce reliance on the dollar because of the U.S. sanctions.

Tehran said in February Ashgabat had given provisional approval, but there was no word on the nature of the final agreement from the Turkmen side on Friday. (Writing by Maria Golovnina and Parisa Hafezi; Editing by Marguerita Choy)

Latest news

U.S.–Iranian Regime Talks in Uncertainty

On the second day of the ceasefire between the United States and Iran's regime, with continued transit restrictions in...

The Execution Machine of Iran’s Regime Runs Without Pause

Less than three weeks after the start of U.S. and Israeli attacks on Iran, a wave of executions of...

Political Prisoner Maryam Akbari Monfared Released from Prison After 17 Years

Maryam Akbari Monfared, a political prisoner, was released after serving 17 years in prison, even though under the Iranian...

Iran War Tensions Escalate as US Deadline Approaches

Donald Trump has once again warned Iran’s regime and called for a resolution to the conflict. He said he...

The Head of the Iranian Regime’s Judiciary Called for Accelerating and Increasing Death Sentences

On Tuesday, April 7, Gholamhossein Mohseni Ejei, the head of the Iranian regime’s judiciary, called for accelerating and increasing...

Iranian Regime Rejects U.S. Ceasefire Proposal, Major Attack on Asaluyeh Petrochemical Facilities

On Monday, the official IRNA news agency reported that Iran had conveyed its position on the ceasefire proposal to...

Must read

Iran’s Judiciary Issued 35 Death Sentences in One Month, Human Rights Activists Warn

Human rights activists in Iran state that in January,...

Iran appears to advance in construction of Arak nuclear plant

Reuters: Iran appears to be advancing in its construction...

You might also likeRELATED
Recommended to you