Turkey is all set to invest in Iran's Pars offshore gas fields. Turkish Energy Minister Hilmi Guler recently declared that Turkey will invest $12 billion to develop Iran's offshore gas fields.
Iran's Oil Minister, Gholam Hussein Nozari and Guler signed an agreement in Tehran recently.
Iran and Turkey signed a memorandum of understanding which states that Turkey will invest in the 22nd, 23rd, and 24th phase of development of the offshore gas fields and will buy 50 percent of its produced gas. According to the MoU, Turkmenistan gas will be transferred from Iran to Turkey and Iran will transport its gas to Europe through Turkey.
Iran's Oil Minister, Gholam Hussein Nozari and Guler signed an agreement in Tehran recently.
Iran and Turkey signed a memorandum of understanding which states that Turkey will invest in the 22nd, 23rd, and 24th phase of development of the offshore gas fields and will buy 50 percent of its produced gas. According to the MoU, Turkmenistan gas will be transferred from Iran to Turkey and Iran will transport its gas to Europe through Turkey.
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