And just like that, the gas swap arrangement between Azerbaijan, Iran and Turkmenistan has ground to a halt. Under a November 2021 deal, the three countries are committed to a set-up wherein Turkmenistan delivers gas to Iran, which then pipes the same amount to Azerbaijan. A government source in Baku has told the Trend news agency that the plan was for Azerbaijan to buy up to three billion cubic meters of gas from Turkmenistan in 2024, but that the sides could not come to an agreement on the commercial terms. The additional revelation, reported on January 7, that negotiations are ongoing, has …