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Wednesday, August 1, 2007

Ira-Turkey deal fils US plots: Iran sells gas to Turkey

Iran-Turkey deal foils US plots
Tue, 31 Jul 2007 18:50:37
Iran sells gas to Turkey
The Chairman of FACTS Global Energy group has said that the recent Iran-Turkey gas deal indicates US failure in exerting pressure on Iran.

Fars News Agency quoted Fereidoun Fesharaki as saying that the recently inked memorandum of understanding on sales of Iran's gas to Turkey is in Iran's economic and political interest.

"Given that gas prices in Turkey is equivalent to those in Europe, this country is a good market for Iran," he added.

"At present, every one million British thermal unit (BTU) of Iran's gas is sold to Turkey at $ 7, which is much higher than the proposed price to Pakistan. This accounts for Iran's preference to sell its gas to Turkey," noted the official.

Meanwhile, Fesharaki said that in view of the US pressures on its allies to break up their trade ties with Iran, the recent agreement is of great significance.

MPR/ HGH/RE

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