Iran has signed a long-term natural gas deal with Russia's Gazprom, aiming to become a regional gas hub and defy US sanctions.
The president of Iran Masoud Pezeshkian has hailed a long-term natural gas supply deal with Russia ’s Gazprom that will help the country turn into a regional gas hub , bne Intellinews reports, citing a statement during a visit by Russia ’s Prime Minister Mikhail Mishustin. Gazprom and Iran ’s National Iran ian Gas Company signed a preliminary deal in June for the supply of natural gas volumes to Iran .
The contract between Gazprom and NIGC was “a masterpiece of energy diplomacy that could create the preconditions for an economic revolution and ensure energy security for the region with the help of Iran,” the Iranian official also said. President Pezeshkian this week echoed the sentiment, saying “We believe that if the important joint projects of Iran and Russia are implemented, they will create significant capacities for both countries in offsetting cruel sanctions.
Russia Gazprom Natural Gas Gas Hub Exports Sanctions Re-Export Turkey Pakistan
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