Shorouk Express
ASHGABAT, Turkmenistan, March 6. Turkmen
President Serdar Berdimuhamedov and Iraqi Prime Minister Mohammed
Shia’ Al Sudani discussed issues related to the supply of Turkmen
gas via a SWAP agreement through Iran during a phone conversation,
Trend reports.
Moreover, it was noted that Turkmenistan remains committed to
its policy of exporting energy resources to global markets through
diversification. In this regard, it was highlighted that two years
ago, Turkmenistan and Iraq began cooperation in the gas sector by
reaching an agreement on the annual supply of 10 bcm of Turkmen
natural gas to Iraq via a SWAP agreement through neighboring
Iran.
Iraqi Prime Minister Mohammed Shia’ Al-Sudani reaffirmed his
country’s readiness to further strengthen cooperation in the energy
sector and stated that the necessary work is already underway to
facilitate this process.
On November 8, 2023, a meeting was held in Ashgabat between
representatives of “Turkmengaz” and an Iraqi. Following the
meeting, a protocol was signed outlining the key commercial terms
of an agreement under which Turkmenistan will supply Iraq with 10
bcm of gas annually for five years via a swap agreement through
Iran.