Iran resumes gas exports to Turkey

Iran resumes gas exports to Turkey ... 02/11/2016 Import-Export

Keywords:#Ankara, #Bazargan, #Economy,, #Iran, #Iranian, #MNA, #News, #Tehran, #Turkey

News ID: 3812036 - Tue 1 November 2016 - 11:21
TEHRAN, Nov. 01 (MNA) – Exports of Iranian gas to Turkey were resumed following a four-day pause due to technical issues which were resolved by Turkey's BOTAŞ Gas Company.
Gas export to the neighboring country, which had been temporarily interrupted after the transmission line to Turkey exploded deep under the ground 12 kilometers from Bazargan border on Thursday evening at 21:30 p.m., were restarted on Monday evening at 19:00 p.m.
Iran’s National Gas Company (NIGC) had announced that gas transfer had started with an initial volume of 27 million cubic meters in order to adjust the pipeline pressure though the volume is expected to amount to contract levels within hours.
Upon completion and implementation of a gas compressor station in the current year, Iran’s gas export capacity in the northwest of the country was boosted by 27 million cubic meters per day.
Since the beginning of the current Iranian calendar year (began March 20), the volume of Iran’s gas exports to Turkey has experienced an about 8.8 per cent growth as a total of 650 million cubic meters of gas have been deployed to the neighboring state.
Under a 25-year contract inked in 1996 by Tehran and Ankara officials, Iran is committed to supply Turkey with a daily 30 million cubic meters of natural gas until the year 2026.
Currently, about 30 per cent of Turkey’s gas demand is supplied by Iran and there exists the capacity to transport up to 40 million cubic meters per day of natural gas to Turkey.
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