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Rouhani: Iran’s railways can connect Georgia to Persian Gulf.

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President Rouhani made the remarks in meeting with Georgian Prime Minister Giorgi Kvirikashvili, and said that Iran immediately recognized Georgian independence from the beginning. Rouhani said that the two countries have wide economic, scientific and cultural capacities and capabilities, which are not used well, adding that this visit may prepare grounds for development of ties. Ran may be connection route for Georgia and regional countries to the Persian Gulf, Oman Sea and Indian Ocean and Georgia may facilitate access road to the Black Sea. He said that today transit in the region has special importance and considering connection of Iran’s railways to Astara and Azerbaijan Republic, development of Tehran-Tbilisi cooperation in this field may create developments in the region. President Rouhani said that investors, especially in private sector should be persuaded for reciprocal cooperation and supported. Rouhani pointed to the old ties between the two nations and existing plenty of tourist attractions in the two countries, and called expansion of tourist relations important for both states while underlining the necessity to respect and observe Islamic–Iranian codes with Iranian tourists in Georgia. Concerning regional problems, Rouhani said that today this region is facing a big problem called ‘Terrorism’ so the two countries should increase their cooperation within the framework of confronting and uprooting this problem. Giorgi Kvirikashvili pointed to several years of historical background of relations between  the two countries, and said that political, economic and trade ties are developing between the two states. He reiterated that the existing capacities and capabilities should be used to expand all-out ties.The Georgian prime minister said that the Georgian government and nation have a great deal of respect for Iranian and Muslim believes and culture and never insulted their guests, so it is due that special regulations will be fulfilled in the border area. Kvirikashvili called cooperation in the field of transiting goods important, and underlined Tbilisi’s intention to connect the Persian Gulf to the Black Sea through Iran’s railways and roads. He also called quadrilateral agreement among Iran, Russia, Armenia and Georgia to develop cooperation in the field of electricity “important’ and called for its development


Iran inaugurates mega energy projects worth $20b.

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Five phases of the South Pars gas field, four petrochemical projects, as well as the South Pars’ oil layer came on stream, Shana reported. South Pars is part of a huge offshore field, shared with Qatar in the Persian Gulf. The field is estimated to hold about 8 percent of the world’s natural gas reserves. South Pars is divided into 24 standard phases, each is projected to produce 25 million cubic meters (mcm) of gas per day. The five newly inaugurated phases, namely 17-21, will add 150 mcm to the country’s current daily gas output of about 570 mcm/d to push Iran’s gas extraction from the joint field up to equate that of Qatar. These phases will also add to Iran’s production and export of gas condensate, LPG, and ethane. The South Pars’ oil layer was discovered in 1992. It is estimated to hold between 1.5-4 billion barrels of oil. It is planned to reach an output capacity of 35,000 bpd in the first phase. The International Energy Agency has predicted that Iran will expand its oil production capacity by 400,000 bpd to reach 4.15 million bpd in 2022.Moreover, the four petrochemical projects will raise the country’s annual output and revenues by 2 million tons and $2 billion respectively. Petrochemical output is expected to exceed 59 million tons in the current Iranian calendar year (started on March 21). The country plans to export 23 million tons of petrochemical products, worth $11 billion, in the current year.

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