Iran to Increase Natural Gas Exports to Turkey
Iranian Oil Minister Rostam Qasemi said here Sunday that Iran’s natural gas exports to Turkey will increase following the establishment of a planned joint pipeline, according to Press TV.
A major pipeline coming from Iran’s southwestern city of Ahvaz has been partially established and is planned to be completed with the participation of Turkish private companies to boost Iran’s gas exports to Turkey, Qasemi said on the sidelines of a meeting with visiting Turkish Minster of Development Cevdet Yilmaz.
The contract on the joint pipeline project will be finalized by the end of May, Qasemi was quoted as saying.
In 2012, Iran-Turkey transactions in the energysector reached over 12 billion U.S. dollars out of the 22-billion-dollar bilateral trade, he added.
“Iran is prepared to meet Turkey’s needs for oil, gas and petrochemical products,” said the Iranian minister, adding that ” There is no limitation for the presence of Turkish companies and investors in Iran,” according to the report.
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