Iran, Azerbaijan to Jointly Develop Shah Deniz Natural Gas Project

Iranian Oil Minister Javad Owji said that Iran and Azerbaijan will develop the latter’s Shah Deniz natural gas project jointly, Mehr reported.
Developing relations with all countries especially neighboring states is the main foreign policy of Iran in administration of President Ebrahim Raisi, he said, adding that experience of Iran-Azerbaijan partnership in the Shah Deniz project is also a good experience that can pave the way for the definition of joint work in the Caspian oil and natural gas fields.
Speaking in his meeting with Energy Minister of Azerbaijan Parviz Shahbazov on Saturday, the Iranian oil minister stated that President Raisi has placed special emphasis on developing ties with neighboring states, including Azerbaijan, and this is the main and principled policies of the 13th government.
During the meeting, the two sides signed memoranda of understanding in increasing natural gas swap, integrated development of joint fields in the Caspian Basin, exchanging electricity cooperation, and other joint fields of cooperation between the two countries.
The Azerbaijani minister of energy, for his part, said that the two countries of Iran and Azerbaijan share more commonalities, so that Iran and Azerbaijan have established good cooperation in international organizations such as OPEC plus.
The Iranian and Azerbaijani presidents have determined to broaden bilateral relations in all fields, and this issue will cause facilitation of relations between the two countries, Shahbazov added.
Iranian Oil Minister Javad Owji left Tehran for Baku on Wednesday to take part in Baku Energy Week, and also hold talks with high-ranking Azerbaijani officials.

About Parvin Faghfouri Azar

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