26 October 2023 - 18:37
  • News ID: 632204
Iran ready to boost gas transit, says Mokhber in SCO address

SHANA (Bishkek) – First Vice President Mohammad Mokhber on Thursday voiced Iran’s readiness to develop the exploitation of gas transit potentials in line with its president’s initiative dubbed “Gas for Global Economic Recovery in Post-COVID Era”.

Addressing the 22nd Meeting of the Council of Heads of Government of the Shanghai Cooperation Organization Member States in the Kyrgyz capital Bishkek, he called for setting up a joint fund to finance upstream and downstream petrochemical projects.

The vice president also proposed the launch of a regional hub, “Shanghai Energy”, with the aim of trading, swapping, and guaranteeing security of energy, including fossil fuels, electricity, and renewable energies.

In addition, Mokhber expressed Iran’s readiness to export technical and engineering services and manufacture oil, gas, and petrochemical equipment.

News ID 632204


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