Middle East Economic Survey

VOL. L

No 31

30-July-2007

Fesharaki: Turkey/Iran Gas Supply Plan Faces Many Complex Issues

The memorandum of understanding (MOU) signed by Turkey and Iran in mid-July for the sourcing of gas for delivery by pipeline to European customers makes sense in both economic and political terms, but progress may take time, according to FACTS Global Energy Chairman and CEO Fereidun Fesharaki. He told MEES, The Turkish market is a very good market for Iran to sell gas into, since...