Tag Archives | gas swaps

Iran-Turkmenistan Gas Swap Resumed

Deputy Petroleum Minister for International Affairs and Trade Amir Hossein Zamaninia said Iran resumed gas swap with neighboring Turkmenistan on March 28. Zamaninia, who accompanied Iranian President Hassan Rouhani in his trip to Baku on from March 27 to 29, described Turkmenistan as a strategic partner for Iran, adding, “The [Iranian] Ministry of Petroleum has […]

Iran to Link Turkmenistan, Azerbaijan with Gas Market

The Managing Director of the National Iranian Gas Company (NIGC), Hamid-Reza Araqi, told Shana on Tuesday that that a private company has entered talks with Iran for a gas swap, after talks with Turkmenistan for gas purchase and with Azerbaijan for gas sale. Araqi said the contract is for six-months and a private company will […]

Gazprom offers Gas Swap Deals

By John Lee. Russian-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, according to Reuters. Iran normally supplies gas to its northern regions from the south of the country and the proposed swap deals would help to cut its transportation costs. “We could supply gas through to Iran’s north and […]