Iran Eyes More Energy Deals With Turkmenistan ...Middle East

With its massive oil and natural gas reserves, Turkmenistan’s economy is heavily dependent on foreign exchange earnings from the export and sale of these resources. Given this, the country’s economic stability is tied to Ashgabat’s foreign policy and cooperation with its neighbors, including those territories located in the path of target markets (Iess.ir, February 8, 2021). Iran, in particular, has always intended to take advantage of its location for oil and gas swaps with the countries of the Caspian Sea and Central Asia in…

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