11/19/2008

Iran-Turkey to expand cooperation in gas field

Arabic News - Iran and Turkey are to expand cooperation in gas field by signing a Memorandum of Understanding (MoU) for developing the phases 22, 23 and 24 of the Southern Pars gas field by Turkey's investment. This will allow the Turkmenistan gas transit from Iran to Turkey, transferring Iran's gas to Europe via Turkey for 35 billion cubic meters annually and construction of a gas pipeline from Assalouyeh, south of Iran, to Turkey's border which is 1,850 kilometers.

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