Iran, Turkiye reach new agreement on gas exports

Iran and Turkiye have reached a new gas export agreement, National Iranian Gas Company (NIGC) Dispatching Director Mohammadreza Jolaei said, Report informs via Shana agency.

National Gas Company held a meeting with representatives of Turkiye's Botaş company. A number of agreements were reached during the meeting. Under these agreements, various measures will be implemented in the next six months regarding the export of Iranian gas to Turkiye," Jolaei said.

Jolaei also emphasized that during the meeting, the sides exchanged views on the current level of Iranian gas export opportunities and the expansion of other forms of cooperation between the two countries.

Iran supplies Turkiye with an average of 10 billion cubic meters of gas annually through the Tengiz-Ankara gas pipeline. According to the latest data, the share of Iranian gas in Turkiye's energy balance in 2021 was close to 16%.