Iran to Create Gas Hub in Persian Gulf with Russia, Turkmenistan, and Qatar

Iran, with the participation of Russia, Turkmenistan, and Qatar, aims to create a gas hub in the Asaluyeh industrial area located on the shores of the Persian Gulf, announced Iranian Oil Minister Javad Owji. This was reported by ISNA.

“The Islamic Republic, with 33 trillion cubic meters of extractable gas reserves, ranks second in the world in terms of the quantity of this resource. We strive to turn the Persian Gulf and Asaluyeh into a gas hub with the support of Russia, Turkmenistan, and Qatar,” the minister stated.

He did not disclose further details about the project, only mentioning that necessary preparatory work is underway and that a project implementation plan is being developed.