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BAKU, Azerbaijan, November 17. Iran is in talks
with Turkmenistan to extend its fuel imports from the neighboring
nation, Iran’s Oil Minister Javad Owji informed reporters after
right this moment’s assembly of the Cupboard of Iran in Tehran, Development studies.
Iran had introduced in Could 2023 that it will signal a fuel import
contract with Turkmenistan and begin receiving 10 million cubic
meters of fuel per day from Could 21, 2023. Since then, Iran has been
importing a mean of seven.5 million cubic meters of fuel day by day from
Turkmenistan, with some days reaching 10 million cubic meters.
Owji mentioned that the fuel imports from Turkmenistan have been a part of
Iran’s efforts to make sure fuel provide to its northern and
northeastern areas within the upcoming winter season (December 22,
2023 by March 19, 2024).
He added that Iran is continuous to swap Turkmen fuel to
Azerbaijan.
Azerbaijan, Iran and Turkmenistan had signed a contract on
November 28, 2021 in Ashgabat to swap Turkmen fuel to Azerbaijan
by Iran.
The contract envisaged the supply of as much as 1.5-2 billion cubic
meters of Turkmen fuel to Azerbaijan per yr, ranging from January
1, 2022.
On June 3, 2022, Azerbaijan’s Minister of Financial system Mikayil
Jabbarov and Iranian Oil Minister Javad Owji signed a memorandum of
understanding in Baku to double the Turkmen fuel provide to
Azerbaijan by way of Iran.
Iran has the second largest fuel reserves on this planet, with
about 34 trillion cubic meters of fuel. The nation’s fuel manufacturing
capability is reportedly greater than 1 billion cubic meters.
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Observe the writer on X (Twitter):@BaghishovElnur
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