TELETRADER News
6/7, 10:47 AM
(Source: TeleTrader)
Iran to create gas hub with Russia, Qatar, Turkmenistan
Iranian Petroleum Minister Javad Owji (pictured) announced on Wednesday his country's plan to create a gas hub with Russia, Qatar, and Turkmenistan in the Asaluyeh region.
Speaking to reporters ahead of the cabinet's meeting, Owji said that Iran is already working on its first extraterritorial oil refinery in Venezuela. "We use these capacities to process oil, prevent crude sales, and create higher added value," he stated.
"This field cannot be sanctioned and the world needs it, and the construction of such refineries will continue in different countries," Owji stressed.