Monday, July 13, 2009

Turkmenistan plans gas pipeline to supply Iran from field previously reserved for Russia

ALEXANDER VERSHININ,
Associated Press Writer 11:06 AM
PDT, July 12, 2009
ASHGABAT, Turkmenistan (AP) — Turkmenistan has agreed to build a new pipeline to supply natural gas to Iran from a field previously reserved for deliveries to Russia, the Turkmen Foreign Ministry said in a statement Sunday.The deal appears to be part of an effort by the energy-rich Central Asian nation to reduce its dependence on Russia, the main market for its gas exports.
Under the deal, Turkmenistan will increase its gas deliveries to Iran to 14 billion cubic meters a year, the ministry said. Iran currently buys up to 8 billion cubic meters annually from Turkmenistan under a 25-year contract dating back to 1997, when the 125-mile (200-kilometer) Korpeje-Kurt Kui gas pipeline began operating.Six billion cubic meters will be sourced from the Dauletabad field in southeastern Turkmenistan, which is currently earmarked for deliveries to Russia, the Foreign Ministry statement said. Turkmen authorities have said the new pipeline to Iran will be operational by the end of the year. ... Dowamy - دووامی