Gazprom bids to hike supply after Turkey blast

Targeted: Iran-Turkey gas pipeline hit by explosion

Russian state player Gazprom has said it will aim to boost gas supplies to Turkey by 60% after an explosion on a gas pipeline halted flows between Iran and Turkey.

Iran's state-owned National Iranian Gas Company meanwhile confirmed it was halting supply due to an incident on the Baku-Tbilisi-Erzurum pipeline, Dow Jones reported.

The explosion has been blamed on the outlawed Kurdistan Workers Party (PKK), which has previously claimed dozens of similar attacks.

Turkish energy officials earlier told Reuters and Agence France Presse the blast occurred in the area of Dogubayazit, Agri province near the Iranian border.

They said damage assessment work had begun and it was not immediately clear when the gas flow will resume or what caused the blast, which occurred around 0100…

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