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Turkey to pursue gas deal with Iran
- Iran: Thursday, October 09 - 2008 at 08:43
Turkey intends to move ahead with a planned deal to produce and export gas from neighbouring Iran, despite objections by the US, reported Reuters. Turkey's Energy Minister Hilmi Guler, who said he will go to Tehran to sign the accord when the text of the deal is ready, called cancellation of the deal 'out of the question'. Under the deal, Turkey's state-owned petroleum company, TPAO, will explore in Iran's South Pars field and gas will be piped to Turkey for consumption or re-export to European markets. Turkey and Iran failed to conclude expected energy accords during a visit by Iranian President Mahmoud Ahmadinejad to Turkey in August. The United States, which is seeking to isolate Tehran over its nuclear programme, opposes the plan.
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Jeff Florian, Senior ReporterThursday, October 09 - 2008 at 08:43 UAE local time (GMT+4)
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