News ID: 239420
Published: 0545 GMT February 25, 2019

Iran, Russia, Azerbaijan discuss energy corridor

Iran, Russia, Azerbaijan discuss energy corridor

Russia, Azerbaijan and Iran are discussing the technical conditions for creating an energy corridor at the level of experts of energy companies, said Russia's deputy energy minister.

Following the discussions, the sides will determine the economic efficiency of the functioning of this energy bridge and make a decision on the expediency of launching the project, Anatoly Yanovsky told Trend News Agency.

"If a decision is made to implement the project, the creation of an energy bridge will allow providing each country with electricity by other countries during periods of its shortage," Yanovsky added.

In 2018 Azerbaijan, Russia and Iran created a working group to discuss uniting the energy systems of the three countries.

The working group included 18 people (six people from each country). The group must prepare technical specifications for a feasibility study for uniting the electricity systems of the three countries and a draft agreement on the joint development of a feasibility study.

Earlier in 2015, Azerbaijan and Iran signed a memorandum of understanding on the exchange of electricity.

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