Latest PRO Memo: Russian energy deal with Iran could prompt further cooperation
Bijan Khajehpour explores in-depth the recent $40 billion MOU between Russia’s Gazprom and Iran's national oil company and its potential impact.
![A huge banner bearing portraits of Iran's supreme leader Ayatollah Ali Khamenei (L) and his predecessor, the founder of the Islamic republic, Ayatollah Ruhollah Khomeini (R), is seen on a building being constructed at phase 15 and 16 of South Pars gas field development in the southern Iranian port town of Asaluyeh on July 19, 2010 as a top official announced that global energy majors are welcome to help develop oil and gas projects in Iran despite new sanctions imposed on the Islamic republic. AFP PHOTO/ATT](/sites/default/files/styles/article_hero_medium/public/2022-07/GettyImages-102978125.jpg?h=a5ae579a&itok=_Hj0cADf)
In his latest PRO memo, Bijan Khajehpour explores in-depth the recent memorandum of understanding worth about $40 billion signed between Russia’s Gazprom and the National Iranian Oil Company (NIOC). He argues that the deal will not lead to massive Russian investments in the Iranian gas sector, but it has the potential to create paths of cooperation and bring the two gas giants closer together.
If you're a PRO member, you can read the full report here, as well as other memos offering expert insights into topics like: