Middle Eastern state plans major Russian gas purchase ...News

Imports of gas by Iran will be part of an energy alliance with Moscow Iran’s s Ministry of Petroleum announced on Monday that Tehran will soon be importing nine million cubic meters of Russian gas daily, through Azerbaijan. According to Fars News Agency, the plan was unveiled in a report providing details of a $40-billion deal between the National Iranian Oil Company (NIOC) and Russia’s state-owned gas producer Gazprom, reached in July. The country’s oil ministry has also reportedly stated it will be getting, under a swap deal, six million cubic meters of gas a day from Russia. The gas will then be exported to oth

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