Iran expressed readiness to expand cooperation with Turkmenistan in the gas sector

13.05.2024

Murad Archayev, Deputy Chairman of the state concern Turkmengaz, met with Majid Chegeni, Managing Director of the National Iranian Gas Company (NIGC), within the framework of the 28th Iranian International Exhibition of Oil, Gas, Refining and Petrochemicals (Iran Oil Show 2024) in Tehran. During the meeting, the Iranian side expressed readiness to expand cooperation with Turkmenistan in the field of gas swaps and export of technical services.

Archayev, in turn, expressed interest in strengthening ties with Iran through energy swaps and allowing Iranian companies to carry out projects in Turkmenistan. This was reported by the Iran Press on Saturday.

Chegeni noted the long-standing partnership between Iran and Turkmenistan in the gas sector, stressing the mutual benefits of strengthening cooperation.

The Managing Director of NIGC said that Iran will host the ministerial meeting of the Gas Exporting Countries Forum (GECF) this year, and expressed support for Turkmenistan's potential membership in the forum.

At the end of April this year, a high-ranking delegation from Turkmenistan in Tehran met with the Director General of the foreign trade representative office of the Iranian Electricity Production and Distribution Company (TAVANIR) By Mehrdad Eklimi. The parties exchanged views on expanding common opportunities and the process of facilitating the financing of a joint venture project for the construction and operation of a third power transmission line between the two states.