Gas

Iran has halted natural gas imports from Turkmenistan.

The 750 mmcfd gas flow in the IP pipeline is projected to help generate about 4.000 MW electricity.

The Iranian government has ratified a new policy for pricing natural gas distributed across the country.

Türkmengaz. in a questionable move. ceased natural gas exports to Iran on Sunday January 01.

The gas rally marks a dramatic turnaround for a market that tumbled to the lowest prices since the 1990s earlier this year amid a glut of supply.

Turkmenistan wants to receive gas price for Iranian years of 1386-87 the amount of 1.8 billion dollars - Iran made objection to.

According to Iran'.s Petroleum Ministry. Turkmenistan has finally agreed to continue its gas exports to the Northern Iranian provinces.

The facility is now receiving 500 million cubic feet more gas from the offshore platforms of the phases.

Iran currently imports 10 million cubic meters of gas a day from Turkmenistan.

Turkmenistan wants to receive gas price for Iranian years of 1386-87 the amount of 1.8 billion dollars - Iran made objection to.