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Is Turkmenistan Losing Iran as a Gas Customer?

A Eurasianet partner post from RFE/RL

It appears Turkmenistan is about to lose its second-best customer for natural gas, Iran.
 
Iranian Oil Minister Bijan Namdar Zanganeh said on August 11 that his country no longer needed gas from Turkmenistan. Zanganeh went so far as to say, "Iran is importing Turkmen gas just because it is important to promote political and economic relations with Turkmenistan."
 
The oil minister's comments could be bargaining tactics, as Iran has frequently sought to convince Turkmenistan to lower the price for its gas, or it could reflect a potential shift in Iran's role in the international gas market.
 
Zanganeh said that with Iran about to boost domestic gas production by some 200 million additional cubic meters starting in March next year, the country could "abandon completely gas imports from Turkmenistan." This contrasts with his statements in May that Iran would continue to import Turkmen gas at existing levels.
 

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Copyright (c) 2014. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.

A Eurasianet partner post from RFE/RL

Is Turkmenistan Losing Iran as a Gas Customer?

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