The Iran Project

Tehran, Ashgabat to bolster gas swap

SHANA — Head of the Presidential Office Mahmoud Vaezi said Iran and Turkmenistan will establish an oil and gas committee to bolster energy ties.

Speaking following a meeting with Turkmen President Gurbanguly Berdimuhamedow, and other officials from the country, Mr. Vaezi said, “Even though it was a short visit, it had good achievements and we hope the ground would be ready for developing cooperation and interactions between the two countries.”

He said his visit came as a complementary visit to a recent meeting of the presidents of the two neighbors, and added many important topics were discussed in the meeting with Turkmen president which can set the roadmap for furthering cooperation by the two states.

Upgrading the level of economic relations between the two countries to about $60 billion was one of the goals set by the two sides, the official added. “By preparing this road map, over the next 10 years, the two countries will have advanced cooperation in the fields of industry, trade, transport and engineering services. They will also enforce a number of agreements which were struck in the past but were left idle.

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