Turkey to Continue to Buy Gas from Iran

The Turkish energy minister says Turkey will continue importing natural gas from Iran.

Taner Yildiz said that Turkey will not decrease its imports of gas from Iran and that Tehran-Ankara energy ties will remain intact, Iran’s SHANA news agency reported.

The Turkish energy minister stressed that there is no substitute for the Iranian gas.

Iranian minister of petroleum earlier said that the Islamic Republic of Iran is ready to meet energy needs of Turkey adding the 9th trans-Iranian gas pipeline will be built with the participation of Turkish companies in a bid to boost gas exports to the neighboring country.

Iran and Turkey have signed a 25 years contract under which Iran delivers 10 billion cubic meters of gas a year to the neighboring country.

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LNG World News Staff, May 2, 2013