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U.S. May Apply Sanctions Against Turkey Over Agreement With Iran

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  • U.S. May Apply Sanctions Against Turkey Over Agreement With Iran

    U.S. MAY APPLY SANCTIONS AGAINST TURKEY OVER AGREEMENT WITH IRAN

    PanARMENIAN.Net
    27.07.2007 17:08 GMT+04:00

    /PanARMENIAN.Net/ "Turkey's preliminary memorandum of understanding
    (MoU) on possible gas cooperation is of concern for two reasons. First,
    a MoU could seriously set back the work that Turkey and the U.S. have
    been doing for a decade to develop Caspian Basin gas resources as
    well as a pipeline infrastructure to bring those resources to Turkey
    and to international markets," U.S. Ambassador to Turkey Ross Wilson
    said when commenting on Turkey's energy deal with its neighbor Iran.

    "By continuing to support projects like the trans-Caspian gas pipeline,
    Turkey's regional leadership will help diversify its and other European
    countries' energy supplies, make Turkey a key gas transit country and
    strengthen the developing economies of Turkey's neighbors. A major
    increase of Iranian gas exports to Turkey and beyond may hinder the
    development of gas resources in Azerbaijan, Kazakhstan and western
    Turkmenistan," Amb. Wilson added, APA reports.
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