The future of a critical energy artery between Iran and Turkey remains uncertain as a long-term natural gas supply agreement nears its expiration this summer, Turkish Energy Minister Alparslan Bayraktar said Saturday.
The contract, which governs the flow of up to 9.6 billion cubic meters (bcm) of Iranian gas annually to Turkey via pipeline, is scheduled to lapse in July.
Despite the looming deadline, Bayraktar confirmed that formal negotiations for an extension have not yet commenced.
