Publishe Date: 4:20 PM - 3/11/2014 | Print

Iran has the ‘preparation’ to transit Turkmenistan’s gas

Economy - Oil deputy-minister has explained 3 different scenarios to raise Iran’s share in global gas markets.

Hamidreza Araghi who was speaking to Mehr News about Iran’s most important gas policies to improve its place in global gas markets, told that currently Iran had the infrastructure necessary to export, barter, or transit of gas with construction and placing over 35000Km. pipeline and 71 gas compressor units.

He also said that Iran was ready for transiting gas produced in neighboring countries. “Given the scope of our pipelines, Iran could serve Turkmenistan by transiting its gas to Persian Gulf markets,” added Araghi.

Azizollah Ramezani, the director of international affairs of National Gas Company had told before that Iran had policies to negotiate gas export to EU countries such as Greece. “Iran is willing to resume gas export talks with India,” he was quoted to have said.

Iran has the largest gas reserves in the world with more than 33 tr. Cubic meters; however, its share of global gas markets is rarely does exceed 1 per cent.

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