NewsSpecial WireTurkey asks Iran to increase natural gas supply

Turkey asks Iran to increase natural gas supply

-

ImageIran Focus: Tehran, Iran, Nov. 18 – Turkey has asked Iran to increase its export of natural gas to its north-western neighbour by up to 80 percent, Iranian state media reported.

Iran Focus

ImageTehran, Iran, Nov. 18 – Turkey has asked Iran to increase its export of natural gas to its north-western neighbour by up to 80 percent, Iranian state media reported.

30 percent of Turkey’s needs of natural gas is imported from Iran, which equals 10 billion cubic meters.

Iran currently supplies Turkey with 10 billion cubic metres of natural gas annually, the equivalent of 30 percent of Turkey's gas needs.

Iranian state media now report that Ankara has request a further 8 billion cubic metres annually.

Turkey has requested a discount on the price of natural gas, according to a source in Turkey’s Energy Ministry.

Under the current terms, Iran supplies Turkey with 1,000 cubic metres of gas for 300 dollars.

Latest news

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes too wide, the economic crisis is no longer confined to...

Iraq Sets September 30 as Deadline for Disarmament of Iranian Regime-Backed Militia Groups

Iraqi government spokesperson Haider al-Aboudi announced on Monday, June 29, that the government has given Shiite armed groups backed...

Escalating Iran-US Conflict Cuts Strait of Hormuz Traffic, Lifts Oil Prices

Oil Prices Rise and Ship Traffic Through the Strait of Hormuz Declines Following Tensions Between Iran and the United...

The ‘No To Executions Tuesdays’ campaign has entered its 127th week

The campaign “No to Executions Tuesdays,” a prisoner-led protest against executions held across multiple prisons in Iran, entered its...

Sixty-two Members of the Iranian Regime’s Assembly of Experts Call for Keeping the Strait of Hormuz Closed

As signs of divisions and rivalry at the highest levels of the Iranian regime have become increasingly apparent, 62...

Workers and Retirees in Iran Once Again Protest Over Living Conditions

Retirees and workers held protest gatherings and marches in several cities across Iran on Sunday, June 28, once again...

Must read

Oil breaches $60 on concern over supply, Iran

Reuters: Oil on Friday broke through the psychological $60...

Coalition detains Iranian-trained bomb expert in Iraq

Iran Focus: London, Jun. 11 - Coalition forces captured...

You might also likeRELATED
Recommended to you