• Natural Gas News

    Turkey to Continue Gas Imports from Iran

    old

Summary

Turkey will continue to imports natural gas from Iran, Turkish energy and natural resources minister Taner Yildiz said Monday.

by: Shardul

Posted in:

Asia/Oceania

Turkey to Continue Gas Imports from Iran

Turkey will continue to imports natural gas from Iran, Turkish energy and natural resources minister Taner Yildiz said Monday.

"Iran is our neighbor and brother country. We will continue our natural gas trade,” he told Turkish-language news network Kanal 24, reports Iran’s Press TV.

The minister said that state-owned Turkish Halkbank has been paid $4.5 billion for natural gas purchased from Iran.

In October, the Turkish minister of energy and natural resources said his country will raise its gas imports from Iran - currently standing at 10 billion cubic meters a year - if possible, adds Press TV.

Iran is Turkey’s second biggest gas supplier after Russia.

Sign-up for our free weekly newsletter update via email here