Turkey urged by US to end gas imports from Iran

November 14th, 2007 - 2:01 am ICT by admin  
Nicolas Burns, US Undersecretary of State, in the course of a visit to Turkey last month, reminded the Turkish government of the US Iran Sanctions Act of 1999, under which foreign companies investing more than 20 million dollars in the Iranian hydrocarbon sector risk sanctions.

He said that at a time when Iran was becoming possibly a nuclear weapons power, it did not make sense to announce long-term oil and gas deals with that country. “All countries should do their best to sanction Iran on their own, according to their own laws,” Burns said.

On a different occasion, US Undersecretary for Economic, Energy and Agricultural Affairs Reuben Jeffery III told his Turkish interlocutors that the US expected from the Turkish Government to help effectively implement the letter and spirit of two unanimous Security Council Resolutions against Iran.

He said that Turkey should look for alternative sources of gas supplies, like Azerbaijan, Turkmenistan and Iraq.

Turkey has reportedly reached agreement with Iran to develop phases 22-24 of the South Pars project, expected to cost more than $3 billion, and in return the Turkish Petroleum Company TPAO would get profits of 20% over eight to 10 years.

It should be noted that Turkish Prime Minister Tayyip Erdogan on September 20 said that Turkey relied on imports from Iran and Russia and it would be “out of the question to stop imports from either country.” (ANI)

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