Moscow has repeatedly underscored that hostile acts of the West and its packages of sanctions against Iran and Russia will not prevent the two countries from bolstering mutually beneficial cooperation in all areas
Iran cannot make any meaningful progress on its flagship gas project, South Pars Phase 11 as its main partner in the project, Russia, is reeling from international sanctions
In July 2022, Iran and Russia signed a $40 billion memorandum of understanding to develop several large energy projects, but how much of this will actually translate into energy deals?
Repeated statements from high officials in Russia and Iran that both countries are “determined to strengthen cooperation in all sectors” could strengthen the position of both countries in global oil markets
The Dorra gas field is positioned in Kuwait, Saudi Arabia and Iran, and aside from its production potential, there are several reasons why this field is geopolitically very important