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    Turkmenistan

    Iran repays large debt for Turkmen gas supplies

    Iran repays large debt for Turkmen gas supplies

    Iran has paid all gas debt to Turkmenistan, Tasnim agency reports citing Oil Minister Javad Owji. He said this at a meeting with members of the Iranian Parliament’s Energy Committee at the National Iranian Oil Company in Tehran, adding that there is a huge energy imbalance in the country.

    Experts told Daryo that paying the debt would allow resumption of direct Turkmen gas supplies to Iran, which were suspended in January 2017 due to the $1.8bn debt accumulated since 2007-2008.

    Since 2022, Turkmen gas supplies to Iran's northern provinces have been made exclusively under a trilateral gas exchange agreement with Azerbaijan.

    This allowed to a certain extent to solve the problem of energy crisis in such border provinces as Razavi, North and South Khorasan, Golestan and Semnan, remote from the national gas reserves.

    Credits: Eziz Boyarov

    24.08.2023, 13:26   Comments (0)   1141
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