Tag Archives: Azerbaijan

The project is currently in its construction phase. which started in 2016.

The total cost for the entire Southern gas corridor is close to $40 billion.

The project supports Azerbaijan’s target of producing 30% of its electricity needs from renewable energy sources by 2030.

The Azerbaijan-Russia-Iran electricity corridor has vast potentials for energy cooperation among the three neighbors.

Iran and Azerbaijan have many capabilities and should further develop their relations. highlighting that cooperation in the banking sector is of prime importance for strengthening economic ties.

Managing Director of Iran’s Railway Company Saeed Rasouli is in Baku to meet with his Azeri counterpart to further expand mutual cooperation between the two countries in the field of rail transport.

The strategic ties between the Islamic Republic and the Republic of Azerbaijan. calling for concerted efforts to use all capacities in the interest of the two and all regional states.

Mohammad Javad Azari-Jahromi has made the trip at the official invitation of his Azeri counterpart. leading a delegation of representative from Iranian start-ups.

Mohajeri noted that besides the flourishing ties in the fields of energy. medicine. science and culture. the two neighbors have been trying to increase their technological cooperation.

Iranian Energy Minister Reza Ardakanian and his Azeri counterpart exchanged views on the development of bilateral relations in the field of energy. and underlined the need for deepening mutual cooperation.