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Azerbaijan to sell electricity to Iran – minister

Economy Materials 26 February 2016 19:29 (UTC +04:00)
Azerbaijan will start selling electricity to Iran in a month
Azerbaijan to sell electricity to Iran – minister

Baku, Azerbaijan, Feb. 26

By Anvar Mammadov - Trend:

Azerbaijan will start selling electricity to Iran in a month, Shahin Mustafayev, Azerbaijani economy minister, told the Azerbaijani state television AzTV Feb. 26.

"Construction of the Mugan transmission line, the former Imishli-Parsabad line, will be completed in a month," he said. "From the Azerbaijani side, all the work has been completed. The Iranian side asked us for 20-25 days in order to complete the work."

"It can be said that in a month, Azerbaijan will be able to sell electricity to Iran via this transmission line," he said. "An agreement on prices has already been reached. There are no technical or financial problems."

The minister noted that in the future it is planned to carry out cross-flows of electricity among Azerbaijan, Iran and Russia, as well as among Georgia, Azerbaijan and Iran.

"All the necessary work is already being carried out in this direction," Mustafayev said. "Linking energy systems of these countries is a strategic objective for us."

Earlier, Russian Energy Minister Alexander Novak confirmed the interest in uniting the energy systems with Azerbaijan and Iran.

Azerbaijan has the necessary infrastructure that allows receiving and transmitting electricity. The country has experience in the simultaneous operation of energy systems with Russia as there has been a single system since the Soviet period.

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