Trade between Turkmenistan and Iran is currently valued at approximately $500 million. However, Iranian Ambassador to Turkmenistan Ali Mojtaba Rouzbehani believes this figure is set to soar as the two nations collaborate on new economic ventures. In an interview with the Turkmenistan newspaper, the ambassador highlighted the significance of a recent gas swap agreement with […]
Turkmenistan-Iran Gas Swap Deal – Geo-economic Gumption
nCa Analysis Turkmenistan and Iran signed a deal in the natural gas sphere on 3 July 2024. It consists of three components: Supply of 10 bcm (billion cubic meters) of gas a year to Iran as swap for supplying the same volume to Iraq Increase of gas supplies to Iran Construction by the Iranian companies […]
Iraq to Import Turkmen Gas Through Iran in Swap Deal
The delegation of Iraq headed by Deputy Minister of Energy of the country Adil Karim Kak Ahmed and Deputy Minister of Oil Izzat Saber Esmail held talks with the State Concern “Turkmengaz” in Ashgabat on Thursday, 24 August. The purpose of the meeting was to hold consultations on the purchase of Turkmen natural gas by […]
Iran declares its gas hub ambitions – partnership with Turkmenistan, Russia and Turkmenistan is in focus
Elvira Kadyrova Iran is developing plans to turn the country into a gas hub of the Middle East through cooperation with Qatar, Russia and Turkmenistan. This was announced on Wednesday by Iranian Oil Minister Javad Owji. “Through cooperation with Russia, Turkmenistan and Qatar, we are trying to have a gas hub in the Asaluyeh [port] […]
Iran is negotiating with Turkmenistan on direct gas imports
Iran is negotiating with Turkmenistan on direct gas supplies, in addition to the gas swap. This was stated by the Director General of the National Gas Company of Iran, according to Iranian media. In an interview with ISNA, Majid Chegani spoke about the prospect of direct gas imports from Turkmenistan. “This issue is in our […]