Turkmenistan and Iran discussed the supply of Turkmen gas and electricity
16:47 26.05.2025 3510
Turkmenistan and Iran discussed the issue of direct supplies of Turkmen gas to Iran, as well as transit to third countries. This was announced by Vice-Chairman of the Cabinet of Ministers, Minister of Foreign Affairs Rashid Meredov at a government meeting held on May 23.
As TDH reports, the Vice-Chairman said that during the 18th meeting of the Intergovernmental Turkmen-Iranian Commission on Economic Cooperation, recently held in Tehran, the prospects for Turkmen-Iranian cooperation in the gas sector were discussed, in particular, regarding direct supplies of Turkmen "blue fuel" to Iran, its transit through Iranian territory to third countries, including under the SWAP scheme.
Meredov also noted that the parties discussed the possibility of expanding interstate partnership in the electric power industry. In this context, the issues of implementing the project of the Turkmen section of the Mary-Mashhad power transmission line, and the further supply of Turkmen electricity to Iran were considered.
According to the Vice-Chairman, during the meeting, attention was also paid to cooperation in the transport sector, including the 242 km long Gumdag-Etrek-Iranian border highway project. Along with this, an agreement was reached on increasing transport and cargo flows between the two countries.
Emphasis was also placed on the prospects for intensifying partnership in the area of ??trade and business structures. In particular, an agreement was reached on preparing a Work Plan for 2026-2028 in order to intensify trade and economic ties and further increase trade turnover.
Following the 18th meeting of the Intergovernmental Turkmen-Iranian Commission on Economic Cooperation, a corresponding protocol was signed.
After hearing the report, President Serdar Berdimuhamedov noted that Iran is a neighboring state with which Turkmenistan closely cooperates. “The key role in the implementation of the agreements reached between the two countries is assigned to the joint Intergovernmental Turkmen-Iranian Commission on Economic Cooperation,” said the head of state, instructing the Vice-Chairman and Minister of Foreign Affairs to continue work on developing relations with Iran and strengthening trade and economic partnership.
The President of Turkmenistan took part in the first Central Asia-EU Summit and the Samarkand International Climate Forum
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan, took part in the first Central Asia-European Union Summit and the Samarkand International Climate Forum on April 4, TDH reports.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.