Iran Bows to Turkmenistan

by Joshua Foust on 4/22/2008 · 1 comment

Remember when Iran and Turkmenistan got into a dispute over the price of gas Ashgabat was selling to Tehran? Well, Iran is backing down:

On April 19, Iranian officials, who have managed to fight the international community to a standoff in the confrontation over the country’s nuclear program, were forced to admit defeat in the gas pricing dispute. “If Turkmenistan wants a logical increase in the price of gas, it is okay with Iran because this country [Turkmenistan] is selling its gas to Russia with a new price,” Ali Kordan, Iran’s vice oil minister, was quoted by the Fars New Agency as saying. The announcement served as tacit recognition that the regional pricing structure for gas had been blown up by the March decision by the Russian conglomerate Gazprom to pay Central Asian producers a “European market” price for gas exports.

Gazprom to the rescue? What a fun precedent for the region!

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This post was written by...

– author of 1848 posts on 17_PersonNotFound.

Joshua Foust is a Fellow at the American Security Project and the author of Afghanistan Journal: Selections from His research focuses primarily on Central and South Asia. Joshua is a correspondent for The Atlantic and a columnist for PBS Need to Know. Joshua appears regularly on the BBC World News, Aljazeera, and international public radio. Joshua's writing has appeared in the Columbia Journalism Review, Foreign Policy’s AfPak Channel, the New York Times, Reuters, and the Christian Science Monitor. Follow him on twitter: @joshuafoust

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{ 1 comment }

Russell April 27, 2008 at 5:09 am

Bloody double standard. Wasn’t it Ahmedinajad himself who said oil was too cheap at $115/bbl?

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