Botas, Turkey's state oil and gas company, has expressed willingness to renew a natural gas contract with the National Iranian Gas Company that expires in 2026, the head of state-run NIGC said.
“Negotiations are underway, but more talks are needed to agree on a long-term contract that safeguards both sides’ interests,” Majid Chegeni was also quoted as saying by IRNA.
Turkey is also in talks with other gas suppliers, including Russia and Azerbaijan, and clinching new deals with them will certainly affect the terms of its agreement with Iran, he added.
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