Tehran, Ankara Negotiating Renewal of Gas Contract

Tehran and Ankara have started the first phase of negotiations to renew a natural gas contract that expires in 2026, the head of dispatching operations at the National Iranian Gas Company said.
“The two sides are hopeful of reaching a win-win agreement, but given the nature of long-term international contracts, such talks normally are interconnected with foreign policy issues and geopolitical considerations,” Mohammad Reza Joulaei was also quoted as saying by ILNA.
The National Iranian Gas Company (NIGC) officials met with Botas, Turkey's state oil and gas company, last week in Turkey and more meetings are expected to be arranged, he said.