Business · Energy & Commodities · 19 hrs ago

Iran plans long-term gas pipeline with Russia, ambassador says

Iran plans long-term gas pipeline with Russia, ambassador says

Iran plans to build a pipeline to bring Russian gas to Iran, Ambassador Kazem Jalali said on Iranian state television.

The long-term plan sets a final capacity of 110 billion cubic meters, with an initial capacity of 55 billion within two to three years.

In the shorter term, the countries are considering ways to use existing infrastructure.

That option would require pipeline repairs and cooperation with Azerbaijan, which Jalali said would take time.

A gas swap is being considered as the fastest option: Russia would send gas to northern Azerbaijan, and an equivalent amount would be transferred to Iran from the south.

The plan would give Iran access to Russian gas while the countries pursue the larger pipeline project.

Jalali said cooperation would develop in two stages, but no further timetable for the long-term project was given.

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Kazem JalaliIran’s ambassador to Moscow
The long-term goal is to construct a separate pipeline for Russian gas supplies to Iran, with a final capacity of 110 bln cubic meters, and an initial phase capacity of 55 bln cubic meters within two to three years
via TASS