Turkey Wants to Extend Contract for Iran Gas
Turkey Wants to Extend Contract for Iran Gas
Director of the Iran National Gas Company (NIGC) Majid Changi says Turkey wants to extend its contract for importing gas from Iran and there is still time for talks.

TEHRAN (Iran News) – Director of the Iran National Gas Company (NIGC) Majid Changi says Turkey wants to extend its contract for importing gas from Iran and there is still time for talks.

Speaking to ILNA, Changi said that talks with Turkey for extending gas imports contract from Iran which will expire in 2026 but there is still time for striking the deal. He reiterated that Turkey is determined to continue purchase of Iran gas.

On settling account with Iraq over its debt for importing gas from Iran, he said that Iraq’s energy ministry has paid all of its debts to Iran and Baghdad currently has no debt over gas imports from Iran but the problem is the transfer of the money from Iraq’s TBI bank and it should be resolved soon.

Touching upon imports of gas from Turkmenistan, he said that currently both countries are negotiating and the talks will continue more.

Changi also said that the government has approved new tariffs for those who overconsume gas and it will be announced soon. He added that the condition for tariffs has been improved comparing to last year and in this directives, some incentives have been taken into consideration for those who efficiently use gas.

On supply of fuel to power plants, he said that so far this year some 209 million cubic meters of gas has been given to the power plants which show considerable rise comparing to last year.

He added that the company has plans to strengthen pipelines in the country especially in the risky and dangerous areas.

Changi admitted that the company faces 250 million cubic meters of gas disequilibrium and to overcome it, optimization and storage are on the agenda.

He went on to say that for storing the gas, the company has two reservoirs in Shourjeh and Sarajeh and it has readiness for launching more reservoirs for the winter time and it has taken some incentives for it.