Iran will support the participation of Turkmenistan in Nabucco project – Business – News
November 25, 2009 – 1:17 am
“We hope and expect that Turkmenistan is one of the main suppliers of gas to various markets through the Nabucco pipeline,” – said the Iranian parliament speaker Larijani in a meeting with his Turkmen counterpart Akzhan Nuberdievoy.
According to BP, the proven gas reserves in Turkmenistan at the beginning of 2009 reached 7.94 trillion cubic meters, accounting for 4.3 percent of world reserves.
Gas production in the country in 2008, according to BP, amounted to 66,1 billion cubic meters, which is 0.7 percent more than production in 2007.
Nabucco gas pipeline project, worth 7.9 billion euros, involves the supply of gas from the Caspian region and the Middle East in the EU. Start building the gas pipeline is scheduled for 2011, the first deliveries will begin in 2014. Maximum capacity of the pipeline will amount to 31 billion cubic meters a year. Participants in the project are Austria’s OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE.
as potential suppliers of gas pipeline considered Azerbaijan and Iraq. To implement the first phase of the project consortium expects delivery of these countries in total 16 billion cubic meters. Further, to bring the power of the pipeline to 31 billion cubic meters, is planned to involve and Turkmen gas.
transportation of Iranian gas for the Nabucco pipeline (gas and third-country nationals in transit through the territory of the country) today hampered due to unfavorable political situation around the Iranian nuclear program. Nevertheless, Turkey is one of the participants of the project, is actively expanding its cooperation with Iran in energy field, which may open doors for him in this project. In October the two countries signed an intergovernmental agreement in the energy sector, suggesting the attachment of the Turkish investment in Iranian gas projects, the transportation of Iranian gas to Turkey and to Europe, and the supply of Turkmen gas via Iran to Turkey.
As stated last week a member of the Iranian parliament’s energy commission Moayed Sadr Hosseini (Moayyed Hosseini Sadr), Turkey will be eligible for re-export of Iranian gas purchased in half in order to be transported through the Nabucco pipeline in the target countries.
Proved reserves of gas in Iran, according to BP, the beginning of 2009 amounted to 29.61 trillion cubic meters. Gas production in the country in 2008 increased by 3,6 percent to 116,3 billion cubic meters. Demand for gas in the country, according to BP, was in last year’s 117.6 trillion cubic meters – reports TrendAz citing PressTv.
