Iran intends to create a gas hub with the participation of Russia, Turkmenistan and Qatar
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Iran plans to create a gas hub in the Eseluye industrial area on the Persian Gulf with the participation of Russia, Turkmenistan and Qatar, oil minister Javad Ouji said.
“We have the second largest gas reserves in the world, in cooperation with Russia, Qatar and Turkmenistan, we plan to create a gas hub in Eseluya,” he said (quote by Tasnim).
In mid-May, Oudzhi reported that Tehran was discussing cooperation with Moscow on ten oil and gas fields. As Deputy Prime Minister Alexander Novak noted then, work on some of them is already underway, transmitted “RIA News”.
Deputy Oil Minister Morteza Shahmirzai announced the interest of Russian business in investing in oil and gas processing in Iran, transmits IRNA. With the implementation of investment projects in this area, the capacity of Iran’s petrochemical industry will be increased from 92 million tons to 140 million tons, he said.
In February, it was reported that Iran offered transport Turkmen and Russian gas to consumers in any direction, including South Asia.
In October 2022, the Iranian Gas Engineering and Development Company (IGEDC) Reza Novshadi said that Tehran would supply 40 gas turbines to Moscow under the relevant agreement. According to him, 85% of the equipment and facilities necessary for the functioning of the gas industry are produced in Iran. The Fars agency, citing a report from the Iranian Oil Ministry, then reported that the country was going to buy 9 million cubic meters from Russia. m of gas daily.
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