The Turkish government has decided that state-owned upstream oil and gas operator TPAO will not undertake any investment in Iran, energy minister Taner Yildiz told a press conference Wednesday. Yildiz said the possibility of investment had been discussed during meetings with Iranian officials held during an official visit he made to Tehran with Prime Minister Recep Tayyip Erdogan on January 28-29. However, Yildiz said that having looked at the feasibility of TPAO investing in Iran’s South Pars gas field, a decision has been taken not to do so. “If Iran wants to make a new proposal with new conditions we will look at it,” he said. “But as it stands at the moment there has been no decision for TPAO to invest in Iran.” Article continues below… Request a free trial of: International Gas Report International Gas Report International Gas Report is a biweekly […]