Sunday 13 September 2009

Iran, Turkey in transit gas deal

Iran and Turkey have reached an agreement that will allow 35 billion cubic meters of natural gas from Turkmenistan to transit through Iran to European markets, the semiofficial Mehr news agency reported Saturday, citing a senior official.

The two countries, however, have not reached an agreement yet to build a pipeline under the Caspian Sea, said Hojatollah Ghanimifard, deputy director of Investment Affairs at the National Iranian Oil Company, according to Mehr.END

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