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Tuesday, January 24, 2006
IRAN REDUCES GAS TO TURKEY

IRAN REDUCES GAS TO TURKEY

ANKARA [MENL] -- Turkey reported a significant decrease in natural gas from
Iran.

The Turkish Energy Ministry said natural gas from Iran has been reduced by
80 percent. The ministry said Turkey has been receiving between five and six
million cubic meters of gas per day. Iran has been contracted to relay 26
million cubic meters of gas daily to Turkey through a pipeline.

The gas reduction was the latest development in the troubled energy
cooperation between Ankara and Teheran. Since 2004, Ankara has demanded a
reduction in the price of Iranian energy.

Officials said Iran has attributed the gas reduction to a technical problem
at its production facilities. They said the Iranian decline has affected
Turkish and other consumers. Ankara also imports gas from Russia.
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