Middle East Economic Survey

VOL. XLIX

No 11

13-March-2006

IRAN/CASPIAN

Turkmen Gas Export Price To Iran Raised, Volume Increased From 2007

Turkmenistans President Saparmurat Niyazov and Irans President Mahmoud Ahmadinejad agreed on 6 March to an increase in price for gas deliveries of Turkmen gas to northern Iran, according to Turkmen media reports. The gas price was reportedly increased to a maximum $65/1,000 cu ms from $38/1,000 cu ms, with the increase backdated to 1 February. The IRNA news...