Iran Increased Gas Supplies to Turkey

Iran Increased Gas Supplies to Turkey

Iran increased its gas supplies to Turkey by almost 9%, reaching a total volume of 518 mcm in 2016, compared with 472 mcm in the same period in 2015, showing an upsurge of 40 mcm, Armen Press reported.

The Iranian gas export to Turkey has seen a continuous upward trend since January 2016. Furthermore, Turkey wants to buy more natural gas from Iran in the future and has therefore been holding talks regarding pricing issues and possible discounts on gas sales, according to Turkish Foreign Minister, Mevlut Cavusoglu, wrote Reuters. He added that Ankara and Tehran should resolve the gas pricing dispute without an arbitration, in reference to an ongoing disagreement between the two countries.

 

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