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'Iran has no gas shortage, has halted Turkmen gas imports': Oil Minister

Source: Tehran Times

Iran has stopped importing natural gas from Turkmenistan, the Mehr News Agency quoted Iranian Oil Minister Rostam Qasemi as saying on Wednesday.

Turkmen President Gurbanguly Berdymukhamedov (right) with his Iranian counterpart Mahmud Ahmadinejad during inauguration of Turkmenistan-Iran gas pipeline in November 2010

"Currently we have no gas shortage, even without importing gas from Turkmenistan", Qasemi added.

The two sides have not come to terms on purchase conditions, Qasemi said, adding that the imports of natural gas may be resumed if an agreement is reached.

On Sunday, ISNA reported that Iran has put in a request for increasing imports of natural gas from Turkmenistan up to 40 million cubic meters per day.

Iran imports 15-18 million cubic meters of gas per day from Turkmenistan, but the figure reaches 30 million cubic meters during winter.

On October 22, IRNA quoted National Iranian Gas Company's managing director Javad Owji as saying that Imports of natural gas from Turkmenistan into Iran have decreased by 52 percent over the first half of the current Iranian year compared to the same period last year, which began on March 20.

According to BP, Iran imported some 10.2 billion cubic meters of gas from Turkmenistan last year, while exporting some 8.4 billion cubic meters of gas to Turkey.

Last year, gas consumption and production in Iran amounted to about 153.3 billion cubic meters and 151.8 billion cubic meters, respectively.

Iran also barters around 400,000 cubic meters of its gas to Armenia for electricity. With Azerbaijan, Iran is using swaps, which accounts for one million cubic meters of gas per day.

... Payvand News - 11/15/12 ... --

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