Tehran (IP)- Mojtaba Damirchilou, the Secretary-General of the Eurasian Department at the Ministry of Foreign Affairs, put forward a proposal for the establishment of an energy corridor stretching from Russia through Iran to the Persian Gulf during the 28th Iran International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show 2024).

Iran Press/Iran news: During the event, Damirchilou emphasized the strategic geographical position of Iran and its existing infrastructure. He highlighted the potential for creating an energy corridor that could enhance regional cooperation.

Damirchilou stressed the importance of utilizing current and new infrastructure to access regional markets, signaling the beginning of a constructive collaboration with a clear vision.

Acknowledging the longstanding ties between Iran and Eurasian countries, Damirchilou underscored the extensive connections and cooperation in energy export, swap, and transit within the region.

Iran's energy networks already link with Turkmenistan, Azerbaijan, and Armenia, facilitating effective communication and trade relationships. The official also mentioned the significant potential for exporting petroleum and petrochemical products, emphasizing the capacity for further development and cooperation in the oil and gas sector.

Highlighting the growing partnership between Iran and Russia in investment and field development, Damirchilou noted the implementation of several contracts and the emergence of new areas of cooperation amid changing circumstances, particularly related to oil embargoes on Russia.

The Iran Oil Show 2024 is a gathering of companies from Eurasian states who came together to explore Iran's potential. It provided a platform for professionals to connect and interact with representatives from Iranian and Eurasian companies.

The event had a theme of "Petroleum industry, production leap, and technological optimization." It featured 1,500 Iranian firms and 250 companies from 12 countries.

The event showcased the latest advancements in the upstream, intermediate, and downstream sectors of the industry.

The exhibition, inaugurated on Wednesday, will remain open to visitors at the Tehran International Permanent Fairground daily from 9:00 a.m. to 4:00 p.m. (0530 to 1230 GMT) until Saturday, serving as a pivotal platform for industry networking and collaboration.204