In a remarkable sign of tightening relations, Iran, Azerbaijan and Turkmenistan signed a trilateral natural gas swap deal on the sidelines of the 15th summit of the Economic Cooperation Organization (ECO), in Ashgabat, on November 27, 2021. Iranian Oil Minister Javad Oji noted that “Under this tripartite agreement, Iran will receive about 1.5 [billion] to 2 billion cubic meters of gas a year from Turkmenistan in the Sarakhs [region] and will deliver it to Azerbaijan from Astara” (Fars News Agency, November 27). Moreover, the Islamic Republic’s new president, Ebrahim Raisi, during a meeting with Iranian businessmen and private-sector activists in Ashgabat, emphasized that “the gas contract with Turkmenistan will be revived” (Mehr News Agency, November 28).
New Gas Cooperation Between Iran and Turkmenistan: Prospects and Limitations – Jamestown
