Local media stated that on Sunday, Iran and Russia reached a deal to provide each other with 40 turbines to support Iran’s gas sector in the face of Western sanctions related to Moscow’s involvement in the Ukraine War.
Reza Noushadi, the CEO of Iranian Gas Engineering and Development Company, was reported by Shana, the oil ministry news service, as claiming that Iran’s “industrial triumphs are not restricted to the sectors of missiles and drones.”
A deal was recently inked to sell 40 turbines constructed in Iran to Russia because 85% of the facilities and equipment required by the gas sector are now built inside the nation.
Noushadi did not mention the date of the contract’s signing or the deadline for the delivery of the turbines.
Due to Russia’s reduction or cessation of supply to several European countries due to the application of economic sanctions over the Kremlin’s war in Ukraine, energy prices in those countries skyrocketed.
The Kremlin maintains that sanctions have made it impossible to maintain the country’s gas infrastructure properly and, in particular, have impeded the return of a Siemens turbine that had been in Canada for repairs.
Putin declared at the Vladivostok meeting in September, alluding to a crucial gas pipeline between Russia and Germany, “Give us a turbine, and we will switch it on tomorrow.”
Russia has been charged with using the gas supply as a “weapon” by Western nations.
According to Noushadi, the US sanctions against Russia are intended to keep Moscow off the gas market.
“The United States of America has extensively installed LNG production facilities in recent years, and lately, with the complete embargo on Russia and then the explosion in the Nord Stream gas pipeline, it essentially removed one of its greatest rivals in gas exports,” he pointed out.
Some of the most significant gas reserves in the world are found in Russia and Iran, both of which are subject to severe US sanctions.
Both nations have recently emphasized the need to strengthen bilateral cooperation.
Vladimir Putin, the president of Russia, traveled to Tehran in July, where he met with Ebrahim Raisi, the president of Iran, and Ayatollah Ali Khamenei. They also urged for more “long-term cooperation” with Moscow.
After Kiev and its Western allies accused Moscow of utilizing drones built in Iran in Ukraine, Tehran has denied providing Russia with weaponry for use in the conflict.