on June, 30 validity of the contract outflows on supplying with gas from Turkmenistan to Iran at fixed price, and in this connection the director general of the Iranian company on the export of gas of Seyed of Reza of Kesai-zade reported about beginning of new round of workings negotiations with Turkmenian
by party. Words by word S.R. Kesai-zade, an operating contract in which the fixed price was foreseen on gas was signed for a term of 6 months in connection with that on the second half-year a price-cutting was forecast on gas in connection with falling of demand on power mediums, and,
thus, there is a necessity of revision of terms of contract.The new round of negotiations is conducted for renewing contract on supplying with Turkmenian gas. During these negotiations a question will come into question about price abatement on gas, as falling of world
prices on crude oil and nefteprodukty accompanied by a price-cutting on natural gas. In addition, a question will be examined about the extension of action of contract on supplying with gas from Turkmenistan to Iran to three let.s.r. Kesai-zade marked that during negotiations Iranian
party will endeavour to agree with the Turkmenian partners about that a price on gas settled accounts on a certain formula. The before concerted formula, foreseen in a long-term agreement, signed on 25 years, can be used for this purpose, or
it is possible to produce a new formula. In this case a price can be looked over one time in three years. Thus, price on gas it is planned to determine on the special formula, and, unlike an operating contract, it will not be fixed, reports Iran News.
