Tehran, Iran, Aug. 4
By Temkin Jafarov - Trend:
Azerbaijan and Iran are ready for joint investments in the production of petroleum equipment, Azerbaijani Minister of Economy and Industry Shahin Mustafayev said at a meeting of the governmental delegations of Azerbaijan and Iran in Tehran August 4, Trend's special correspondent said.
"After analyzing the needs of both Azerbaijani and Iranian oil companies, we are ready for joint production of oil equipment," Mustafayev said.
The minister said that Azerbaijan strives for the transportation of oil in different directions and mutually beneficial cooperation.
"We have a pipeline to Russia," he said. "We supply to Georgia and Turkey via another pipeline. It is strategically important not to be dependent on one direction and establish mutually beneficial cooperation. We are ready to cooperate with Iran."
Edited by CN
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