How Iran scuttled US energy pipeline plans in region

How Iran scuttled US energy pipeline plans in region

A veteran energy expert says the implementation of an agreement between Iran and Azerbaijan to swap the Turkmen gas is set to strengthen the Islamic Republic’s role in the energy equations of the Caspian region.

The swap deal which went into effect on Saturday marked the first step in efforts that began 25 years ago to turn Iran into the center of gravity and a gas hub in the region, Narsi Ghorban told the ministry of petroleum’s Shana news agency.

“Iran, due to its geographical location, can receive gas from producing countries and deliver it to the countries that have gas shortages on the other side of the border. With this, Iran will turn into a major gas transmission conduit in the region,” he said.

Iran is currently exporting gas to Turkey and Iraq, but other opportunities such as exports to Pakistan and India have not been utilized yet.

For the…

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *