Middle East Economic Survey

VOL. LIII

No 50

13-Dec-2010

IRAN/TURKEY

Turkey Approves Link For Iran-EU Gas Pipeline

Turkeys Petroleum Administration (PIGM) announced on 1 December that it has granted a license to Turang Transit Tasimacilik, a subsidiary of Som Petrol, to build a 35 bcm/year capacity pipeline link to Iran, after signature of an agreement in July (MEES, 2 August). However, the PIGM license includes provisions that make its completion highly unlikely. Turang Transit Tasimacilik...