Turkey-Iran-Turkmenistan Gas Swap Deal
Disrupted · Turkey · Last reported Jun 2025
Source: Crude Oil Prices Today | OilPrice.com
A swap arrangement started in March 2025 where Turkey receives 1.3 billion cubic meters of Turkmen gas annually from Iran via the Iran-Turkey gas pipeline, while Turkmenistan delivers a slightly larger volume of gas to northwestern Iran. The deal aims to secure Turkey's winter gas needs and support the trans-Caspian pipeline project. However, supplies stopped unexpectedly in June 2025, possibly du
- Status
- Failure
- Sector
- Oil and Gas, Natural Gas, Government
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- Crude Oil Prices Today | OilPrice.com
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Project Information
Participants
Sponsoring Agency |
Status
Original status | disrupted |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A swap arrangement started in March 2025 where Turkey receives 1.3 billion cubic meters of Turkmen gas annually from Iran via the Iran-Turkey gas pipeline, while Turkmenistan delivers a slightly larger volume of gas to northwestern Iran. The deal aims to secure Turkey's winter gas needs and support the trans-Caspian pipeline project. However, supplies stopped unexpectedly in June 2025, possibly due to sanctions and payment issues. |
Original sector | Energy |
Location
Country | Turkey |
Source
Source | Crude Oil Prices Today | OilPrice.com |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Natural Gas, Government |
Article published date | 2025-12-15 |
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