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Iran to buy, swap 15 mcm per day of Russia’s gas via Azerbaijan: Report

US Rep. Ilhan Omar (D-MN) (L) talks with Speaker of the House Nancy Pelosi (D-CA) during a rally with fellow Democrats before voting on H.R. 1, or the People Act, on the East Steps of the US Capitol on March 08, 2019 in Washington, DC. (AFP photo)
A report shows Iran will take delivery of some 15 mcm per day of Russian gas through Azerbaijan.

Iran will import Russian gas through pipelines from Azerbaijan under arrangements agreed in a major deal between Tehran and Moscow two months ago, according to a report published in the local media.

The semi-official Fars news agency said in a Monday report that Iran will buy some 9 million cubic meters (mcm) per day of gas from Russia and will take delivery of another 6 mcm per day under a swap deal for the purpose of delivery to Russian gas customers in the south of Iran.  

The report cited data from an internal report of the Iranian Oil Ministry and said the purchase and swap arrangements are related to a $40 billion deal signed in July between Iran’s state oil company the NIOC and Russia’s Gazprom.

Earlier reports had indicated that Iran could take delivery of Russian gas from Turkmenistan for the purpose of swap delivery to Turkey and Iraq.

However, the new data suggest Iran will use the 15 mcm per day of gas supply from Russia to strengthen its domestic supply network in the densely populated regions in the northwest while being able to export increased amounts of natural gas to Turkey and Iraq through pipelines in the west of the country.

Iran is already in a gas swap arrangement with Turkmenistan and Azerbaijan under which it consumes gas received from Turkmenistan in its northeastern regions and delivers the same amount of gas to Azerbaijan.

The Fars report said Iran will deliver the equivalent of 6 mcm per day of gas to Russian customers in the south in the form of liquefied natural gas (LNG). It added that Gazprom will be a partner in the liquefaction process.


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