AZ

Turkey Seeks Deal on Turkmen Gas

Turkey is at the final stage of negotiations on an agreement to transit Turkmen gas, Turkish Minister of Energy and Natural Resources Alparslan Bayraktar has announced in an interview with Bloomberg. Bayraktar said that “Turkey is studying the possibility of importing gas from Turkmenistan through a gas swap via neighboring Iran,” adding that a final agreement could be reached during an upcoming visit to Turkmenistan.
It is expected that gas supplies from Turkmenistan will be carried through Iran in the amount of 1.5-2 billion cubic meters per year. In addition, the Minister did not rule out the possibility of using the Iran-Azerbaijan gas pipeline to deliver “blue fuel” to Turkey, from where it will be pumped into the Trans-Anatolian gas pipeline (TANAP).
In March of this year, Ashgabat and Ankara signed a memorandum of cooperation in the field of natural. In early June, the state oil company of Azerbaijan (SOCAR) and the Turkish state gas company, Botas signed a cooperation agreement to supply Turkmen gas through Azerbaijan and third countries to Turkey.

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