Iran Press/ Asia: The Iranian Oil Minister has traveled to Baku, the capital of the Republic of Azerbaijan, to participate in the Caspian International Oil and Gas Conference and Exhibition.
Iran's Oil Minister Javad Owji, who delivered a speech at the Baku Energy Forum on Thursday in the presence of the ministers and representatives of about 30 countries, said those Western countries that are following the US in imposing sanctions on Iran are now in need of gas and oil due to the war they waged between Russia and Ukraine.
He added that despite the long-standing sanctions on the Iranian nation, Iran's oil and gas industry was still ongoing.
"Iran has the largest gas reservoir in the world and with its currently 8.33 trillion cubic meters of gas reservoirs, it is capable of meeting a significant part of the world's needs," Owji added.
Oil Minister Owji said that Iran wants all of the world's people to enjoy the gift, so it announced its readiness to cooperate in the development, trade, and transportation of oil and gas to countries in the world and the region.
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