Middle East Economic Survey

VOL. L

No 42

15-October-2007

IRAN

Iran And Syria Signs Gas Sales MOU

Irans Acting Minister of Petroleum Gholamhossein Nozari and Syrias Oil Minister Sufian Allow in Tehran on 4 October signed a memorandum of understanding (MOU) for the export of 2-3 bcm/year (190-290mn cfd) of Iranian gas to Syria by way of the Turkish gas grid. Turkey says its has spare capacity in the southeastern sector of its gas transmission grid. Iran and Turkey recently signed an MOU for the...