Exploration & Production

Iran mulls Central Asian gas swaps to supply China

Iran wants to supply China through swap agreements with Central Asian nations that already export pipeline gas to the world’s fastest-growing gas market Iran wants to supply China through swap agreements with Central Asian nations that already export pipeline gas to the world’s fastest-growing gas market.
By Colin Shek 1 November 2018 0 33132
A project in Turkmenistan that feeds the Central Asia-China Pipeline. (CNPC)

Iran is interested in exporting gas to China via swap arrangements with Central Asian countries, which could enable Tehran to link the world’s second-largest gas reserves to the fastest-growing market for the fuel, delegates at the Gas Asia Summit in Singapore heard on Thursday.

The arrangement would see Turkmenistan, Uzbekistan and Kazakhstan – which currently export gas to China through the three lines of the Central Asia-China Pipeline (CACP) – send their gas to China on behalf of Iran. In return, Tehran could export gas on...