Turkmenistan's Annual Gas Export To Iran To Reach 14 BCM From 2008.

Iran's annual natural gas imports from Turkmenistan will increase to 14 BCM beginning from 2008. This is according to the Managing Director of the state-owned National Iranian Gas Co. (NIGC) Seyyed Reza Kasa'izadeh. "The current gas import to Iran stands at six billion cubic meters per annum", Kasa'izadeh was quoted as saying by the Persian news service ISNA. He said a mutual agreement on the price and volume increase was expected to come by the end of 2007. He said: "The nation's present installations are well capable of handling this increase in volume and Ashgabat will have to make some adjustments in its gas delivery systems".

Kordkui and Darreh-Gaz are two regions where gas from Turkmenistan flows into Iran. Iran's natural gas exports to Azerbaijan and Georgia were the other issue pointed out by Kasa'izadeh, maintaining that Iran may easily supply annual volume of 2 BCM required by both countries. He said the schedule to export 3 MCM/day of natural gas to Armenia has been reduced to 600 days from the planned 900 days. Iran is expected to complete two gas pipelines, known as IGAT-5 and IGAT-6, next year which are intended for gas injection to Aqajari oilfield in the south and export to Kuwait, respectively.