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Turkey's gas imports from Iran back to normal

Ankara, Oct 6, IRNA-Turkish state-owned oil and gas Pipeline Company 'Botas' in a bulletin said on Wednesday that the delay in gas imports from Iran has been alleviated and gas flow has returned to normal levels. The Turkish company had said earlier this week that due to disruptions in the pipeline it has stopped gas imports from Iran.

It added that the company has repaired the pipeline part of which was rendered dysfunction due to an explosion blamed on a leak.

"The gas imports are back to previous levels before the disruptions," it added.

Based on figures released by the company in the first half of the 2005 over 1.599 billion cubic meters of gas was imported from Iran.

Also, Iran exported 7.740 billion cubic meters of natural gas to Turkey in the first nine months last Iranian calendar year (started March 20, 2004). The value of the exported gas hit a record 2.7 billion dollars.

Iran exported 2.51 billion cubic meters of natural gas to Turkey during the first nine months of 1382, the official said, adding that total gas exports to Turkey amounted to 5.40 billion cubic meters in that year.

Meanwhile, Iran-Turkey trade volume topped dlrs 2.761 billion in 2004, the Turkish State Statistic Institute said in August.

"The figure is 15.3 percent higher than 2003 which registered dlrs 2,395 billion." Iran's share of Turkey's total exports in 2004 was 1.3 percent and its imports stood at two percent.

Iran-Turkey trade balance was in Iran's favor in the first 10 months of 2004, the report said.

The report said Iran-Turkey exchanges rose by more than 13 percent to dlrs 2.244 billion from January to October 2004 from dlrs 1.985 billion in the said period the year before.

It said that in the said period, Turkey's exports to Iran stood at dlrs 576.515 million, while its imports from Iran amounted to dlrs 1.667 billion.

... Payvand News - 10/6/05 ... --

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