Iran and Azerbaijan will sign agreements for cooperation in various energy sectors in the near future, Iranian Oil Minister Javad Owji announced on Sunday.
Owji made the announcement after a meeting with Azerbaijan’s Deputy Prime Minister and Minister of Economic Development Shahin Mustafayev in Tehran, Shana reported.
Speaking to the press after the meeting, Owji said constructive talks were held and agreements were reached between the two sides.
According to the oil minister, the two sides have agreed to cooperate in swapping gas from other countries in the region including Turkmenistan to Azerbaijan.
The development of oil and gas fields in the Caspian Sea was another subject discussed during the meeting with the Azerbaijani delegation and, according to Owji, initial talks were held in this regard and expert delegations of the two countries are continuing the negotiations.
He expressed hope that in the coming weeks, agreements will be signed with Azerbaijan on development of Caspian oil and gas fields.
Mustafayev for his part told the media that Azerbaijan and Iran are friendly and neighboring countries and there is a historical connection between the people of the two countries.
He said that there is successful cooperation between Iran and Azerbaijan in all areas, especially energy, adding: “Cooperation between Iran and Azerbaijan in the oil and gas sector has been fruitful.”
“During the meeting with the Iranian oil minister, the ways of expanding cooperation between the two countries in the energy sector were discussed,” he said.
The Azerbaijani official added: “We discussed a number of new projects in the energy sector and I believe new documents will be signed in the near future.”
Mustafayev pointed to the presence of a group of Azerbaijani experts in his accompanying delegation and said: “This group will continue the talks between the two sides in detail.”
During his visit to Tehran, Mustafayev also met with Iranian Roads and Urban Development Minister Rostam Qassemi and discussed the expansion of cooperation in transport areas.
In this meeting, the two sides stressed the need to follow up on the previous agreements in the fields of transportation, transit and transportation-related services.
The officials expressed dissatisfaction with the current level of cooperation and called for the expansion of cooperation in areas of mutual interest.