Iran could offer India access to Jask port for strategic oil reserve facility

Iran, currently negotiating with global powers for its return to the mainstream global economic scene, could offer India access to its port of Jask as a base for strategic oil reserves and a standalone gas pipeline to meet New Delhi’s growing energy demands.

The proposal was put forward by Iranian ambassador to India Ali Chegeni at a roundtable held this week on the future of bilateral ties, amid Tehran’s efforts to negotiate revival of the nuclear deal that would also bring the Persian Gulf country into the economic mainstream.