TEHRAN, Jan 9: Iran will not discuss any increase in the price of gas supplied from Turkmenistan until flows to the Islamic Republic resume, Iran’s oil minister was quoted as saying on Wednesday.

Iranian officials said last week Turkmenistan had halted daily deliveries of up to 23 million cubic metres to Iran, blaming it on technical problems. But some Iranian media have suggested it might be linked to a pricing dispute.

“We have said that until the flow of gas from Turkmenistan resumes, we will not have any talks about a review on increasing the price of Turkmenistan’s natural gas,” Oil Minster Gholamhossein Nozari said.

The head of Iran’s state gas company last week said Turkmenistan had cited emergency repairs as the reason for the cut in supplies. But he also said Turkmenistan wanted to increase the price of gas it sells to Iran.

In November, Turkmenistan reached an agreement to increase the price of gas it delivers to Russia’s gas export monopoly Gazprom by 30 per cent.

Iran, a small gas importer despite its huge gas reserves, gets about 5 per cent of its needs from Turkmenistan and the supply disruption caused shortages in some areas as well as a reduction in Iran’s gas exports to Turkey last week.—Reuters

Opinion

Editorial

China security ties
Updated 14 Nov, 2024

China security ties

If China's security concerns aren't addressed satisfactorily, it may affect bilateral ties. CT cooperation should be pursued instead of having foreign forces here.
Steep price
14 Nov, 2024

Steep price

THE Hindu Kush-Himalayan region is in big trouble. A new study unveiled at the ongoing COP29 reveals that if high...
A high-cost plan
14 Nov, 2024

A high-cost plan

THE government has approved an expensive plan for FBR in the hope of tackling its deep-seated inefficiencies. The...
United stance
Updated 13 Nov, 2024

United stance

It would've been better if the OIC-Arab League summit had announced practical measures to punish Israel.
Unscheduled visit
13 Nov, 2024

Unscheduled visit

Unusual IMF visit shows the lender will closely watch implementation of programme goals to prevent it from derailing.
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

Bara’s brave women have proven that with the right support, societal barriers can be overcome.