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MEOG NEWS IN BRIEF MEOG

Forum, on the sidelines of this forum, referred of energy and the country will receive a lot of East Asia, due to its geopolitical importance,
to the cooperation between Iran and Russia in hard currency as income. As gas exporting can encourage the countries present in this
the field of energy, saying: “Transit and swap countries, Iran and Russia have cooperated a economic forum to invest in the field of
of oil and gas from Russia can turn Iran into lot in the field of energy swap. The planning of transportation and development of rail and
the regional hub for energy and the country the two sides to cooperate in the development sea fleets.
will receive a lot of hard currency income.” of the North Pars and Kish fields and the SHANA
At the Caspian Economic Conference, creation of pressure boosting facilities in the
Iran presented its fourth proposal for the South Pars field which is an important issue
development of cooperation in the energy for Iran; in the field of gas export to Pakistan OIL
sector and put the option of forming the and Oman, memorandums of understanding
“Cooperation Committee for Oil, Gas have also been signed and construction of the Syria winter is a
and Petroleum Products of Caspian Sea export pipeline to these two neighbouring
Countries” on the table. countries will be done jointly by Iran and “nightmare” although oil
The countries represented in the Russia.
conference emphasized the increase of oil and The swap of petroleum products such as tanks are full
gas swaps and commercial settlements based gasoline in the Caspian Sea and the exchange
on national currencies and the connection of of non-petroleum items with oil can be done “The advent of winter is a nightmare for the
the banking network. During the last year, the with regard to the equipment of ships and residents of the western countryside of Daraa,”
trade of the countries along the Caspian Sea ports and docks between the two countries, said the 30-year-old Ne’ma, who registered
has increased by about 30%. One of the main and it gives the two countries the ability to for the government-subsidized heating
points emphasized in this trip was the increase swap up to 10 million tons of petroleum and fuel allocations, even though “It will not be
of oil and gas swap between the countries on non-petroleum products per year. enough for one month,” she expressed her
the shores of the Caspian Sea. Iran’s cooperation with the countries of the concern about facing the coming winter’s cold.
According to Ehsan Khandozi, the Caspian basin will be strategic in the matter Ne’ma, who preferred not to use her full
Minister of Economy and Finance, of oil, gas and energy, and it seems that the name for security reasons, explained that she
agreements were made between the Minister swap agreement and the purchase of 15 billion was quick, like most residents, to register for
of Petroleum of Iran and the authorities cubic meters of gas through Turkmenistan the 50 liters of heating fuel, although it is not
of Russia and Kazakhstan in the area of will be completed within the next few weeks. enough for one month’s heating, as the family
increasing swaps. The cut-off of Russia’s gas exports to Europe needs three liters as a minimum per day.
Reasonable and fair exploitation of the and the change in international conditions The price of one liter of diesel reached
oil and gas reserves of the Caspian Sea was have made Iran able to be a bridge for the 7,000 SYP on the black market, and had the
also one of the other focus points in this transfer of Russian oil and gas products to Syrian Company for Storage and Distribution
conference, and cooperation in the field of other countries and become the gas hub of the of Petroleum Products (Mahrukat) delivered
energy can be effective in the fight against region. the entire allocated quantities (200 liters), it
sanctions. But this is not the whole story in In August 2018 and at the same time as the would have reduced the residents’ needs by
the field of energy, and Iran’s geopolitical first anniversary of signing of the Convention half. However, citizens only received 50 liters
position highlighted the issue of energy swaps on the Legal Status of the Caspian Sea, the in 2021, according to Ne’ma.
in the discussions of this forum. countries of the Caspian Sea gathered in the The Syrian Ministry of Oil and Mineral
Previously, during the meeting of ECO “Avazeshahr” tourist area of Turkmenbashi, Resources announced the start of registration
member countries in Turkmenistan, Iran Turkmenistan, to participate in the first for heating fuel for the next winter, starting
signed a gas swap agreement with this country Caspian Economic Conference. The second from 14 September, as registration will
and the Republic of Azerbaijan, which is Caspian Economic Conference was a great start on a quantity of 50 liters as an “initial
considered possible to repeat with other opportunity for Iran to plan for a market as allocation” only, without announcing the
members of the Caspian Sea Organization big as $600-700 billion and to use the facilities amount of batches allocated for the next
Kazakhstan, Turkmenistan and Russia of this field to reduce the effects of sanctions winter season.
will be a good way to transfer gas, oil and and to use the capacities of the region to The statement added that the priority for
petrochemical products. bypass sanctions. delivery after registration will be according to
According to the minister of petroleum, Iran, as the north-south corridor and the “oldest purchase” of heating fuel.
the transit and swap of oil and gas from Russia the most important passage and connection Over the past 40 days, Enab Baladi
will make Iran the hub of the region in terms point of these countries to high seas and monitored the Syrian port of Baniyas

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