(MENAFN- AzerNews)
By Sabina Mammadli
Iranian Energy Minister Ali Akbar Mehrabian will pay a one-day
official visit to Azerbaijan on July 5, 2022, Azernews reports.
Within the framework of the visit, the Iranian energy minister
will meet and conduct talks with Azerbaijani officials, including
Azerbaijani Energy Minister Parviz Sahbazov and Deputy Prime
Minister Sahin Mustafayev.
On 28 November 2021, Azerbaijan, Iran and Turkmenistan signed in
Ashgabat a trilateral agreement on swapping gas supplies. The
signing ceremony took place in the presence of Azerbaijani
President Ilham Aliyev and his Iranian counterpart Ebrahim
Raisi.
The agreement envisages deliveries of 1.5 to 2 billion cubic
meters of gas each year, with Turkmenistan supplying gas to Iran
and Iran delivering an equal quantity of gas to Azerbaijan. Thus,
under the trilateral deal, Turkmenistan will sell 5-6 million cubic
meters of gas per day to Azerbaijan. These volumes are expected to
increase in the future.
After liberating its lands from Armenian occupation in the
44-day war in 2020, Azerbaijan regained control over a 132-km
section of the Azerbaijani-Iranian border. The re-establishment of
control over the state border opened up new prospects for deeper
cooperation between the two countries.
The trade turnover between Azerbaijan and Iran in 2021 was
$440.8 million.
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Sabina Mammadli is AzerNews' staff journalist, follow her on
Twitter: @SabinaMmdl
Follow us on Twitter @AzerNewsAz
- Tags:
- Energy
- Iran-Azerbaijan
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