Russia and Iran to Start Work on Game-Changing Energy Corridor

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Russia and Iran to Start Work on Game-Changing Energy Corridor
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Work on the 'energy corridor' that will provide a direct link from Russia to Iran will begin soon, according to Iran's Petroleum Minister, Javad Owji

Work on the ‘energy corridor’ that will provide a direct link from Russia to Iran for gas in the first instance will begin soon, according to Iran ’s Petroleum Minister, Javad Owji, last week. The corridor is now an adjunct project of the US$40 billion four-pronged deal agreed in principle between Russia n gas giant Gazprom and the state-owned National Iran ian Oil Company NIOC in July 2022.

It is safe to say that any further major military escalation in the world – resulting perhaps from China making good on its threats to forcibly ‘reunify’ Taiwan to the ‘mainland’ if required – would only exacerbate LNG’s importance in the global energy sector.

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