Iran, Syria Ink Gas Transfer Deal

A009056832.jpgIran has put the last touches on the export of 3b cm of gas to Syria annually, after Tehran and Damascus put pen into paper for the deal. The contract was signed between Iran’s caretaker Oil Minister Golamhossein Nozari and the visiting Syrian oil Minister Sufiyan al-Alaw.

According to the agreement, which is expected to come into effect by 2009, Iran is committed to export natural gas to Syria through Turkey.

“Syria has held preliminary talks with Turkish officials for gas transfer,” Iran’s caretaker oil minister said at the ceremony, adding that by inking the agreement, expert groups will brace to verify the finances which should be allocated for the project.
Nozari said that Tehran and Ankara have already tabled gas transfer talks to Europe through Turkey.

The Iranian minister referred to the friendly and consolidated ties between Tehran and Damascus, but said that the bilateral agreement in oil/gas sector is insufficient. Nozari hoped today’s agreement would play a crucial and positive role in expanding mutual cooperation.

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