Middle East Economic Survey

VOL. LIV

No 43

24-Oct-2011

IRAN

NIGEC Pursuing Turkmen Gas Swaps Agreement

Hosain Bidarmaghz, Managing Director of the National Iranian Gas Export Company, told Shana on 19 October that the company is holding talks over a gas swap agreement with Turkmenistans state firm Turkmengaz. He said that following the upgrade of the Turkmen-Iranian gas pipeline system to a net export capacity of 14 bcm/year, through the construction of a second interconnector pipeline that...