Sanctions, lack of investment and mismanagement have plagued Iran's energy industry for years. Iran has been importing gas from its neighbor Turkmenistan for a long time, which has occasionally cut off its gas flow to Iran due to non-reimbursement.
The Iran-Turkey gas contract ends in 2026, and its extension was uncertain due to Iran's own needs. But with Iran's recent agreements with Russia and Turkmenistan to import gas, the possibility of extending this contract has also become stronger.
Kuwait is one of the gas importing countries in the Persian Gulf region, which recently signed a 15-year contract with Qatar to import LNG. While Iran and Kuwait can revive the agreement on the import of Iranian gas through the Iraqi pipeline.
High-ranking Pakistani official sources said that Iran has sent its last warning to Pakistan that Tehran has no option but to file a complaint against Pakistan to the Paris Arbitration Court for not building and completing the Iranian gas import pipeline by September this year (until this fall).
The Iran-Turkmenistan gas agreement can turn Iran into a regional gas hub and provide Turkmenistan with new export markets so that the two countries can achieve a win-win result.
In the joint meeting of the high-ranking delegations of Iran and Turkmenistan, the president considered the Tehran and Ashgabat gas agreements as a strategic measure to turn Iran into a regional gas hub and within the framework of securing the interests of both sides.
Iran-Turkmenistan gas cooperation document was signed in the presence of the president and national leader of Turkmenistan between the CEO of Iran National Gas Company and the head of Turkmenistan State Gas Company (Turkmengaz).
Billions of dollars from the country's national wealth have been shrouded in uncertainty due to Iraq's gas debt, and so far no clear explanation has been provided about the fate of these funds.
Recent developments show that the pressure on the government of Pakistan from the public opinion and also the opposition of this country to bring the gas project with Iran to a conclusion is increasing.
CEO of Iran Gas Engineering and Development Company explained the grand and strategic plan of the Ministry of Oil and Gas Industry to end gas theft and find missing gases.
