MNA Deputy Minister of Oil Hamid Reza Araqi put the daily export of gas to neighboring Turkey at 30 million cubic meter (mcm) and said, under the contract, pertinent gas export income will be injected into the public treasury fund. Speaking in 4th Sustainable Gas Production Conference, he said, gas bill subscription cut has reduced considerable ...

MNA The National Iranian Gas Company (NIGC) announced that the new sales contract inked with neighboring Turkeys BOTA? has nothing to do with Iran-Turkmenistan gas dispute. This company constructed the transmission pipelines to northern part of the country with strict planning, to meet domestic demands sufficiently, reads the statement issued ...

MNA NIGTC head said Iran supplied a total of 5.4 million cubic meters of natural gas to Turkey in the first half of the current Iranian calendar year (began March 21). Managing Director of National Iranian Gas Transmission Company (NIGTC), Saeid Tavakoli, while noting that Iran deploys a daily average of 30 million cubic meters to Turkey, said ...

Reuters- Iran will pump more natural gas to Turkey as part Tehrans plans to expand its economic ties with its neighbor, Iranian President Hassan Rouhani told a joint news conference with his Turkish counterpart in Tehran, state TV reported on Wednesday. During our meeting today, we agreed to widen our economic ties ...Turkey will import more gas from ...

IRNA Iranian Petroleum Minister Bijan Zangeneh said that Turkey wanted 62.5 percent discount on Iran's natural gas price but the International Court of Arbitration approved of only 13 percent. Talking to IRNA, Zangeneh said, Turkey wanted a 37.5% price reduction and also 25% cut due to the quality on the exported gas from Iran to Turkey, that make ...

Financial Tribune - Hamidreza Araqi, managing director of the National Iranian Gas Company (NIGC), has denied speculations that his company is underselling gas to Turkey. "The so-called discount in gas exports to Turkey is in fact a compensation for a court ruling that NIGC overpriced its gas supplies to Turkey between 2011 and 2015," Araqi was ...

Sputnik- Iran will pay Turkey a $1.9-billion compensation package in accordance with a decision by the International Court of Arbitration which ruled in favor of Turkey in a gas pricing dispute in February 2016, local media reported Tuesday. MOSCOW (Sputnik) According tothe Anadolu Agency, both Iran and Turkey also agreed ona 13.3-percent discount ...

Iran ruled out a payment to Turkey of 25 percent economic compensation for the cut in the export of natural gas to the Eurasian country, which triggered a legal dispute, asserted today an official source.

TEHRAN, Nov 01 (Shana) Iran has resumed gas exports to Turkey following a Turkish opposition blast in the pipeline carrying Iranian gas to Turkey last Thursday. The gas exports resumed as Turkish Butas Company announced removal of technical problem in the pipeline. Talking to Shana, Spokesman of National Iranian Gas Company (NIGC) Majid Boujarzadeh ...

Gas flow from Iran to Turkey has been halted after a huge explosion rocked a pipeline in eastern Turkey, an Iranian official told Tasnim news agency, as cited by Reuters. Irans gas flow to Turkey has temporarily stopped because of a blast by some opposition groups inside Turkey around 1830 GMT on Thursday night, Majid Aghai, an official from the ...

Iran says it is ready to increase its exports of natural gas to Turkey should Ankara demands Tehran to do so. Majid Boujarzadeh, the spokesman of the National Iranian Gas Company (NIGC), told Turkish media that technical studies are already underway to increase gas exports to Turkey. "We have a lot of gas reserves in Iran. Currently, we ...

Iran says it can increase its exports of natural gas to Turkey by 6 million cubic meters per day (mcm/d). Hamidreza Araqi, the managing director of the National Iranian Gas Company (NIGC), told the local media that the increase in exports of gas to Turkey can be implemented through the existing infrastructure. Araqi said that Iran is currently ...

TEHRAN April 28(Shana)--Irans Ambassador to Turkey, Ali Reza Bigdeli, has said that the energy cooperation between Turkey and Iran is "an engine that mobilizes the two countries' economies. "In general, Turkey and Iran are improving their cooperation in the energy arena. But we need to make more market investigations and improve infrastructure both ...

[caption id="attachment_27590" align="alignright" width="180"] A view of Iran's South Pars Gas and Oil Field[/caption] Turkey will not receive discounts on Iranian gas despite complaints over lack of energy security, Iran's national gas company chairman says. Turkey's appeal for a discount on gas prices is "unacceptable," said Reza Araqi, Iran's ...

ILNA: Iranian Oil Minister Bijan Namdar Zanganeh named conditions for reducing gas prices for Turkey. "We are willing to lower the gas price supplied to Turkey, upon condition that it will increase the volume of imported gas from Iran," Zanganeh said, adding that the share of gas in Turkeys market is important for Iran. Earlier, Turkish Minister ...

Tehran, Feb 16, IRNA Oil Minister Bijan Namdar Zanganeh said negotiations have been held to review Turkeys proposal to double its gas imports from Iran, increasing it to 20 billion cubic meters annually. Zanganeh said Tehran will formally announce its proposal for pricing of natural gas to Turkey after assessing Turkeys proposal. Commenting on ...