Iran Wants to Participate in Restoration of Power Facilities in Liberated Territories

Baku / 23.12.20 / Turan: The Energy Ministers of the two countries, Parviz Shahbazov and Reza Ardakanian, discussed issues of cooperation between Azerbaijan and Iran in the field of electricity and steps to accelerate the implementation of current projects in Tehran.

In particular, the parties exchanged views on the project of uniting the energy systems of Azerbaijan, Iran and Russia and the preparation of its feasibility study.

The issues of trade in electricity between Azerbaijan, Iran and Turkey were also discussed. In addition, Shahbazov and Ardakanian discussed the export of electricity from Azerbaijan to Iran.

The issues of construction of hydroelectric complexes and hydroelectric power stations Hudaferin and Gyz Galasy, as well as hydroelectric power stations Ordubad and Marazad on the Araz River, within the framework of agreements already signed, were also the subject of discussions. Ministers stressed the importance of completing these projects.

During the meeting, the issue of construction on the Azerbaijani side of a power plant operating on Iranian gas for the subsequent export of electricity to Iran and third countries was also discussed.

“The participation of Iranian companies in the restoration of power facilities in the liberated territories of Azerbaijan was also discussed,” the Ministry of Energy of Azerbaijan said.

During the visit, Shahbazov also met with Iranian Oil Minister Bijan Zanganeh.

“The parties discussed the state of cooperation within the framework of OPEC + and the development of the oil market. It was noted that in the process of stabilizing oil prices, it is important to take a unified position, stressing that the stability of the oil market requires long-term regulation of production, ”the press release further said. — 03D06-