{"id":5770,"date":"2023-06-02T13:36:00","date_gmt":"2023-06-02T13:36:00","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=5770"},"modified":"2023-06-02T13:38:09","modified_gmt":"2023-06-02T13:38:09","slug":"iies-chief-iran-most-reliable-market-for-turkmen-gas","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/5770\/","title":{"rendered":"IIES chief: Iran most reliable market for Turkmen gas"},"content":{"rendered":"
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Iran is the most reliable market for Turkmenistan\u2019s gas, said the head of Iran\u2019s Institute for International Energy Studies (IIES) on Thursday.<\/p>\n\n\n\n

Talking to Roydad Naft News Agency, Mohammad Sadeq Jokar added Turkmenistan needs the Iranian market, as its gas export options have been limited.<\/p>\n\n\n\n

Given the regional and international developments, Turkmenistan has realized that Iran is the most reliable market, reiterated the IIES chief.<\/p>\n\n\n\n

Elaborating on the developments, he said, \u201cTurkmenistan considers Russia as its traditional market, signing a contract with Gazprom in 2019 on [exporting] 5.5 billion cubic meters (bcm) by 2024. But, this market will not apparently be revived in the near or predictable future, as Russians have lost their European markets and faced a gas surplus and consequently Gazprom will not import Turkmenistan\u2019s gas.<\/p>\n\n\n\n

\u201cOn the other hand, China was the next country after Iran, which imported gas from Turkmenistan. Ashgabat signed a contract to export 40 bcm of gas to China through its Central Asian pipelines. However, China\u2019s plan for importing liquefied natural gas (LNG), exploring Shale gas, and implementing domestic development plans could result in reducing its gas imports from Turkmenistan and Asian countries.<\/p>\n\n\n\n

\u201cConsidering the developments in Afghanistan, the short-term outlook for Turkmenistan\u2019s southern market is not good either. Security in Afghanistan and investment and pipe-laying operations in a country without necessary infrastructure are among challenges facing the market.\u201d<\/p>\n\n\n\n

Jokar added the Caspian Sea legal regime is the main challenge Turkmenistan is faced with for finding its way into the European markets, as it is an obstacle to the implementation of the Trans-Caspian Gas Pipeline project.<\/p>\n\n\n\n

In addition, he continued, \u201cDue to gas prices, gloomy outlook for Europe\u2019s gas sector following the Ukraine crisis, transit costs, and Europe\u2019s focus on LNG, Europeans do not have the prime motive for constructing this long pipeline. Meanwhile, it is not economically appealing to Turkmenistan due to gas prices.\u201d<\/p>\n\n\n\n

Ukraine crisis impact<\/strong><\/p>\n\n\n\n

The Ukraine crisis has had an indirect impact on Turkmenistan, prompting it to have a stronger tendency to promote its cooperation with Iran, as Russia has moved toward China after its losses on the European gas markets, meeting a part of China\u2019s demand satisfied earlier by Turkmenistan, the IIES head explained.<\/p>\n\n\n\n

Russian was to export the Turkmen gas to Europe through Nord Stream 2 pipeline, mentioned Jokar, adding the plan was canceled due to the Ukraine conflict and the pipeline bombings.<\/p>\n\n\n\n

Gas swap was the first plan put forward and later Turkmenistan expressed its willingness to export gas to Iran, he recalled.<\/p>\n\n\n\n

Debt to Turkmenistan<\/strong><\/p>\n\n\n\n

Iran\u2019s gas debt to Turkmenistan was the main obstacle to expansion of their cooperation, said the IIES chief, continuing, \u201cThe 13th (incumbent) removed the obstacle by paying the debt [Iran owed for importing gas during the previous governments] and Iran has turned to the main transit market for Azerbaijan.\u201d<\/p>\n\n\n\n

On the other hand, gas imports from Turkmenistan will help Iran redress imbalance between production and consumption in the northeastern part of the country, he concluded.<\/p>\n

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