Turkey Could Become Energy Corridor for Iran

Turkish Foreign Minister Ahmet Davutoglu said his country could become an energy corridor for its eastern oil and gas rich neighbor, Iran.

“Development cooperation between Iran and Turkey leads to promote regional stability,” Davutoglu said during the 21st Meeting of the Council of Ministers of Economic Cooperation Organization (ECO) in Tehran on Tuesday, Iran’s SHANA news agency reported.

“Turkey’s annual energy demand is $60 billion. Turkey is a corridor country, Iran is a producer country. If we fuse both potentials, Turkey could become the corridor of energy provider, Iran,” he stated.

Turkey is importing 10 billion cubic meters of gas per year from Iran and would buy more if it were available, Turkish Energy Minister Taner Yildiz earlier said.

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LNG World News Staff, December 01, 2013; Image: NIGC