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Iran to build new pipeline for Turkmenistan gas

Iran will receive 10 billion cubic meters a year of gas from Turkmenistan, which will be shipped to Iraq Reuter/Essam Al-Sudani
Iran will receive 10 billion cubic meters a year of gas from Turkmenistan, which will be shipped to Iraq

Iranian companies will construct a new 125 km pipeline to expand Turkmenistan’s gas delivery capacity to 40 billion cubic metres a year, according to a media report.

Iran will receive 10 billion cubic metres a year of gas from Turkmenistan, which will be shipped to Iraq, Associated Press reported, quoting Turkmenistan’s foreign ministry statement.

The value of the deal was not given.

Tehran has trebled its natural gas production in 10 years, becoming the largest producer in the Middle East.

It holds the world’s second-largest gas reserves after Russia and produces 740,000 tonnes of gas, or 35 billion cubic feet per day (cfd).

The country said last January that it planned to begin LNG production of 1.5 million tonnes, or 72 billion cubic feet per year at a medium-sized plant at Asaluyeh in 2026, but experts do not believe its ambitions are realistic. 

Work on the “Iran LNG” project at Tombak, near the Gulf port of Assaluyeh, has not progressed since 2013.

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