ANKARA, Aug 16: Turkey and Iran need more time to finalise a major natural gas deal, President Abdullah Gul said on Saturday, playing down reports that US pressure on Turkey to abandon the project is behind the delay.

“We would have liked to move ahead with the project” when Iranian President Mahmoud Ahmadinejad met with Turkish leaders in Istanbul on Thursday and Friday, said Gul in televised remarks.

“But we saw that the preparations are not yet sufficient and we instructed our energy ministries to carry out a more detailed work.”

Ankara signed a preliminary deal with Tehran last year to carry natural gas from Iran and Turkmenistan to Europe and to develop three gas fields in Iran, but its intention to invest in the Islamic republic drew US criticism.

“Undoubtedly Turkey has allies... Undoubtedly Turkey differs with Iran on many issues... But we would regret it if some would think that we do things because someone tells us to do so,” Gul said.

The Turkish press has reported that disagreements over pricing are also snagging the finalisation of the agreement.

Ahmadinejad, on a visit to Istanbul, expressed hope Friday that the deal would be concluded soon.

The preliminary deal, signed in July 2007, was criticised by Washington, which is pushing its allies — including NATO member Turkey — to cut business with Iran as the West threatens new sanctions over Tehran’s nuclear programme.

Iran and Russia are Turkey’s main natural gas suppliers.

Turkey already buys Iranian gas via a pipeline between the two countries, launched in 2001 despite US discontent.—AFP

Opinion

Editorial

Kurram ceasefire
Updated 26 Nov, 2024

Kurram ceasefire

DESPITE efforts by the KP government to bring about a ceasefire in Kurram tribal district, the bloodletting has...
Hollow victory
26 Nov, 2024

Hollow victory

THE conclusion of COP29 in Baku has left developing nations — struggling with the mounting costs of climate...
Infrastructure schemes
26 Nov, 2024

Infrastructure schemes

THE government’s decision to finance priority PSDP schemes on a three-year rolling basis is a significant step...
Anti-women state
Updated 25 Nov, 2024

Anti-women state

GLOBALLY, women are tormented by the worst tools of exploitation: rape, sexual abuse, GBV, IPV, and more are among...
IT sector concerns
25 Nov, 2024

IT sector concerns

PRIME Minister Shehbaz Sharif’s ambitious plan to increase Pakistan’s IT exports from $3.2bn to $25bn in the ...
Israel’s war crimes
25 Nov, 2024

Israel’s war crimes

WHILE some powerful states are shielding Israel from censure, the court of global opinion is quite clear: there is...