Iranian gas sale to be postponed to mid-August

Iranian gas sale to be postponed to mid-August


Ankara, July 20. The launching of the Iranian gas transfer to Turkey will not be realized on July 31 as earlier announced, senior energy bureaucrats said.

Because of the Turkish argument the that Iranian side was not ready yet, the project will start in the middle of August, officials briefing the Turkish Daily News said.

However, Iranian officials said that they have made all the arrangements for starting the project at the earliest possible time.

The Iranian Libya Sanctions Act (ILSA), which is under debate at the U.S. Congress, is to be renewed on August 1. ILSA was first started to be applied on August 1996.

The U.S. administration is for a two-year extension of ILSA. U.S. officials commented that the Turkish-Iranian gas deal is not being evaluated within the framework of ILSA in terms of the natural gas sale to Turkey.

"The thing which is important are the investments in Iran," he said.

ILSA limits investments in Iran and Libya.


caspian.ru
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