Turkmenistan raises gas exports price to Iran
UPI: Turkmenistan said it has increased the price of natural gas exports to Iran to $65 per 1,000 cubic meters from $42 beginning as of Feb. 1.
Turkmen President Saparmurat Niyazov and Iranian President Mahmoud Ahmadinejad secured an agreement Monday, the Turkmen press service said Tuesday.
Niyazov increase gas exports to Iran to 14 billion cubic meters as of 2007 and the gas price will be revised every three years.
In 1997, the two sides secured a 25-year contract on gas supplies. In 2005, Iran imported 5.8 billion cubic meters of Turkmen gas for $42 per 1,000 cubic meters, according to Turkmenistan's State Statistics Service. Iran expects to receive 8 billion cubic meters.
Last December, Turkmenistan also increased gas prices for Russia and Ukraine.
Turkmen President Saparmurat Niyazov and Iranian President Mahmoud Ahmadinejad secured an agreement Monday, the Turkmen press service said Tuesday.
Niyazov increase gas exports to Iran to 14 billion cubic meters as of 2007 and the gas price will be revised every three years.
In 1997, the two sides secured a 25-year contract on gas supplies. In 2005, Iran imported 5.8 billion cubic meters of Turkmen gas for $42 per 1,000 cubic meters, according to Turkmenistan's State Statistics Service. Iran expects to receive 8 billion cubic meters.
Last December, Turkmenistan also increased gas prices for Russia and Ukraine.
posted by Marko at 3/09/2006 12:24:00 AM
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