Russia and Iran to Start Work on Game-Changing Energy Corridor

Work on the ‘energy corridor’ that will provide a direct link from Russia to Iran (for gas in the first instance) will begin soon, according to Iran’s Petroleum Minister, Javad Owji, last week. The corridor is now an adjunct project of the US$40 billion four-pronged deal agreed in principle between Russian gas giant Gazprom and the state-owned National Iranian Oil Company (NIOC) in July 2022. This in turn is part of the far-reaching new 20-year comprehensive cooperation deal between Iran and Russia approved on 18 January this…