Iran Begins Talks with Azerbaijan on Joint Gas Exports
Iran has announced the start of talks with Azerbaijan on the joint supply of gas to the world markets.
As the news agency ISNA said, "It may mean that Tehran has already returned to the plans to export gas to Europe through the pipeline."
The agency quoted the head of the National Iranian Gas Company Alireza Cameli, on serious negotiations on the issue with the state company of Azerbaijan - SOCAR.
"Tehran and Baku hold talks on joint investments in gas export projects. At the same time, Iran plans to increase gas production in the next three years," he said.
“Huge reserves of natural gas have long allowed Iran to be one of the major exporters of gas to Europe. However, the presence of the international sanctions did not allow doing this,” ISNA said.
In the present circumstances we can talk about serious plans for Iran's participation in joint projects with Azerbaijan. Baku has also made an offer to Iran on cooperation in this field. For example, during a recent visit to Tehran, the Minister of Economy and Industry Shahin Mustafayev invited Iran to use the infrastructure of Azerbaijan to supply oil and gas to world markets, "Iran can use the infrastructure of Azerbaijan, especially the Baku-Tbilisi-Ceyhan oil pipeline, for the export of its oil."
In the future Iran could also join the project of Trans-Anatolian pipeline, said Mustafayev. -02D-
-
- Social
- 11 August 2015 19:44
Economics
-
Russia and Iran have agreed on a gas pipeline route passing through Azerbaijan, according to Russia’s Energy Minister Sergey Tsivilyov. The Russian minister stated that the parties are in the final stage of negotiations, and the volumes have already been determined. According to Tsivilyov, Iran’s agreement with Russia’s Gazprom for gas supply via Azerbaijan is currently estimated at over 2 billion cubic meters annually. However, future supplies could increase to 55 billion cubic meters per year.
-
On January 20 during the World Economic Forum's Annual Meeting in Davos, President Ilham Aliyev of Azerbaijan engaged in a strategic dialogue with Nick Studer, CEO of Oliver Wyman Group.
-
During the World Economic Forum's Annual Meeting in Davos, President Ilham Aliyev of Azerbaijan met with Jared Cohen, President of Global Affairs at The Goldman Sachs Group, Inc. The meeting underscored the ongoing collaboration between Goldman Sachs and Azerbaijan's financial institutions, notably the Central Bank of Azerbaijan and the State Oil Fund.
-
At the World Economic Forum in Davos, Azerbaijan's Minister of Economy, Mikayil Jabbarov, participated in the session titled "Leaders’ Circle: Financing the Energy Transition – A New Horizon." Jabbarov emphasized discussions on existing opportunities and major challenges in achieving successful energy transformation, underscoring the critical importance of financing the energy transition.
Leave a review