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Title: Iran to purchase, swap Russia's gas through Azerbaijan
Source: [None]
URL Source: https://thecradle.co/Article/News/15893
Published: Sep 21, 2022
Author: Staff
Post Date: 2022-09-21 12:30:31 by Horse
Keywords: None
Views: 27

Iran is set to import Russian gas through pipelines from Azerbaijan under contracts agreed upon in a significant deal between Tehran and Moscow two months ago, according to a report published in the local media.

According to the Fars News Agency, the Iranian Oil Ministry announced on 19 September that a gas import and swap deal between Iran and Russia will soon be activated, provisioning 9 million and 600 thousand cubic meters per day of Russian gas through the Republic of Azerbaijan.

Two months ago, Iran signed a deal worth $40 billion with Russia’s Gazprom to develop seven oil and gas fields and complete other oil projects near the Persian Gulf. Iranian media revealed Tehran’s intention to import overload quantities of Russian gas.

Additionally, the deal includes establishing a pipeline to export Iranian gas to Pakistan and the Sultanate of Oman, as well as completing several liquefied natural gas production projects in the country.


Poster Comment:

70 Russian CEOs are in Tehran making deals. Russia is raising Iran to a "Strategic Ally." Those Iranian drones are doing well in the Ukraine.

Russia, Iran and Qatar are forming an OPEC for natural gas. They control 60% of the world's export supply.

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