Middle East Economic Survey

VOL. LIII

No 31

2-Aug-2010

IRAN

Turkish Private Firm And NIGC Sign Gas Pipeline Agreement

National Iranian Gas Company (NIGC) Managing Director Javad Oji told the petroleum ministrys Shana news service on 23 July that the company had signed an agreement with Turkish private company ASB for the construction of a 56-inch, 660km pipeline to carry 50-60mn cmd of Iranian gas to Turkey. Mr Oji estimated the cost of the gas pipeline at 1bn. The deal was signed during a visit...