TURKMENISTAN IS ADJUSTED TO EXPORT FURTHER NATURAL GAS

Turkmenistan is adjusted to export further natural gas to Iran though “one good turn deserves another”

The National Iranian Gas Company for an extended period, violating the “take or pay” principle, did not proceed of the Turkmen gas in due volumes. In addition, due to non-compliance by NIGC of the financial liabilities under the contract, the impressive debt of the Iranian company to “Turkmengaz” State Concern had so far formed – earlier reported in the message the Ministry of Foreign Affairs of Turkmenistan.


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