Friday, August 12, 2005

Turkey Resumes Interrupted Natural Gas Talks with Iran

Turkey has resumed talks over natural gas negotiations with Iran. The talks started two years ago but came to a halt as there was no agreement reached.

Commercial disputes between the parties, which convened in Ankara recently, are still continuing.

With its gas cuts, Iran left Turkey in a difficult position for the winter. While there were some flexibilities in the agreement with Russia like "buy or pay" or in the price of the gas, the negotiations with Iran for the purpose had remained fruitless.

The authorities emphasize that Iranian sources can only reach Europe via Turkey and the Nabucco pipeline across five countries also has strategic importance.

Read the rest of the article on Turks.Us

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