Middle East Economic Survey


No 26



Turkmenistan And Iran Resume Gas Price Talks

Managing Director of the National Iranian Gas Export Company (NIGEC), Reza Kasaizadeh told Mehr News Agency on 19 June that Turkmenistan and Iran had reopened negotiations over the price that Iran would pay for gas from Turkmenistan in the second half of 2009. Iran imports up to 6.5 bcm/year through the 8 bcm/y capacity Korpeje-Kurt Kui pipeline but has requested an expansion of the...