BAKU, Azerbaijan, October 27. The current state
and future development prospects of cooperation in the energy
sector between Azerbaijan and Iran have been discussed.
This was announced by Azerbaijan's Minister of Energy, Parviz
Shahbazov, on his X account.
"In Moscow, we met with Hamid Bovard, Acting Minister of
Petroleum of the Islamic Republic of Iran. We discussed the current
state of energy cooperation between our countries, its future
development prospects, and issues of mutual interest," the post
said.
In recent years, economic cooperation between Azerbaijan and
Iran has been consistently expanding across the fields of trade,
transport, energy, transit, and logistics. The two countries are
deepening their collaboration within the framework of the
International North-South Transport Corridor, while also
implementing joint projects involving the exchange of electricity
and natural gas.
The parties are also continuing to cooperate on increasing
mutual trade turnover, expanding cross-border economic ties,
fostering industrial collaboration, and promoting investment
projects. The energy sector remains one of the key pillars of the
economic relationship between the two countries.
