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Baku, Moscow and Tehran to form a group on energy corridor North-South

27.04.2018,16:21


April 27, Fineko/abc.az. Deputy Energy Ministers of Azerbaijan, Russia and Iran held on Thursday in Baku a meeting on the project of energy corridor North-South.

The Ministry of Energy of Azerbaijan informs that the parties agreed to form a group of 18 people for implementation of energy corridor project North-South.

"Following the meeting, it was agreed to establish a trilateral workgroup of 6 people from each of the three countries and hold the next meeting in June in Moscow," the Ministry reported.

The sides also agreed the technical specifications for the feasibility study of the project of unification of three countries’ electric power systems and the draft agreement on joint making of the feasibility study.

The protocol was signed following the meeting.

Speaking at the meeting, Deputy Energy Minister of Azerbaijan Natig Abbasov noted that the location of the country and the ongoing projects allowed creation of energy corridor East-West, via which supplies of electricity to Georgia and Turkey have been carried out for three years.

He added that the existing opportunities of Azerbaijan, Russia and Iran in the sphere of electricity export create conditions for the formation of energy corridor North-South.

 

Keywords: North-South