Iran. Armenia Discuss Oil. Gas Cooperation

Iranian Foreign Minister Mohammad Javad Zarif and his Armenian counterpart Eduard Nalbandyan in a meeting in Yerevan on Tuesday conferred on ways to expand cooperation between the two countries in the oil and gas sector and other fields.
During the meeting. Zarif underlined the age-old ties between Iran and Armenia. calling for the further development of relations in the political and economic fields.
Cooperation in the oil. gas. electricity and transit areas as well as facilitated transportation and removal of the private companies` problems were among other issues reviewed by the two sides.
Nalbandyan. for his part. expressed pleasure in Zarif`s trip to Armenia. and said. `The two countries` ties are expanding and Yerevan is willing to develop and deepen relations in all fields with the Islamic Republic of Iran. specially in economic areas.`
Iran and Armenia have increased efforts to promote their mutual cooperation.
The two countries announced in early August 2016 that they had lifted their visa regime to enable their citizens to freely commute between the two countries.  The move is also expected to help boost ties between the two countries.
Accordingly. Iranians and Armenians can cross the border without a visa and stay for maximum 90 days within a 180-day period.
Iran is currently exporting natural gas to Armenia and is in return importing electricity from the country to support demand in its northern provinces.
Iran reportedly exports nearly one million cubic meters of natural gas per day to Armenia. Officials in Tehran had previously said that the volume could increase to as high as six million cubic meters per day.

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