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Russia and Iran to Finalize Long-Term Gas Deal via Azerbaijan as Transit Route

2026-08-05 17:55:28

Russia and Iran will soon finalize a long-term natural gas agreement after multiple rounds of negotiations, with officials from both countries confirming that Azerbaijan has been selected as the primary transit corridor for Russian gas exports to Iran. Iran, which holds the world's second-largest natural gas reserves, faces a structural supply shortfall of 200–300 million cubic meters per day during peak demand periods. The imports are intended to address supply gaps in northern Iran and support the country's expanded exports to Iraq, Turkey, Armenia, Pakistan, and Oman.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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