Iran’s Navy Commander Rear-Admiral Habibollah Sayyari stressed on Wednesday that powerful Iranian Navy is monitoring any single movement in the Caspian Sea.

Iran’s Navy Commander Rear-Admiral Habibollah Sayyari stressed on Wednesday that powerful Iranian Navy is monitoring any single movement in the Caspian Sea.

Addressing the provincial officials in Sari, he said the Iranian Navy powerfully monitors any movement via radars throughout Caspian Sea region.

He said that the Caspian Sea is a major energy field holding about $50 billion of oil and gas reserves.

“Volume of trade through the Caspian Sea is about 65 million tons a year with Iran constituting 20 percent,” Sayari said.
He added that Iran shares sea borders with 12 countries.

"The future belongs to those playing active role in the Caspian Sea,” he concluded.