Iran, Turkey reach agreement to transfer Turkmen gas to Europe

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An Iranian worker inspects a pipeline that delivers gas to Turkey. Photo – AFP

Iran and Turkey have agreed to transfer natural gas from Turkmenistan to Europe, a top Iranian Gas Company’s official said on Tuesday.

The semi-official Mehr news agency quoted Javad Owji, the National Iranian Gas Company’s managing director, as saying that Turkmenistan will transit its gas via Iran to Turkey which will be exported to Europe.

Iranian Oil Minister Rostam Qasemi held talks with Turkish Development Minister Cevdet Y?lmaz in Tehran last week in which they discussed increasing exports of Iranian gas to Turkey.

According to Iranian media outlets, Y?lmaz said an Iranian delegation will travel to Turkey for further negotiations with Turkish Energy Minister Taner Yildiz.

Alireza Gharibi, the managing director of Iran’s Gas Engineering and Development Company, said that the third section of the 6th cross country gas pipeline of Iran, which is aimed to export natural gas to Europe via Turkey, is around 48% complete.

He added that after completion, the pipeline will have the capacity to transfer 100 million cubic meters of gas per day.

However, experts believe the economic feasibility of the Southern Gas Corridor to be cheaper and shorter as the 300km long pipes will pass beneath the waters of the Caspian Sea (Trans-Caspian gas pipeline).

A meeting of senior representatives of energy ministries of Azerbaijan, Turkey, Turkmenistan and the EU Energy Commissioner Günther Oettinger, was held earlier this week in Ashgabat and was another step in the achievement of this goal. The main issue in the talks was the implementation of the Trans-Caspian gas pipeline.

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