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Minister: Azerbaijan has opportunity to provide Iran's northern provinces with gas

Oil&Gas Materials 27 September 2010 19:01 (UTC +04:00)
Azerbaijan has the opportunity to provide northern provinces of Iran with gas, Minister of Industry and Energy Natig Aliyev said during a meeting Monday with an Iranian delegation headed by Iran's Deputy Vice President Ali Agha Mohammadi.
Minister: Azerbaijan has opportunity to provide Iran's northern provinces with gas

Azerbaijan, Baku, September 27 / Trend E. Ismayilov /

Azerbaijan has the opportunity to provide northern provinces of Iran with gas, Minister of Industry and Energy Natig Aliyev said during a meeting Monday with an Iranian delegation headed by Iran's Deputy Vice President Ali Agha Mohammadi.

He said that there are opportunities for exports of 350-500 million cubic meters of gas from Azerbaijan to Iran. The gas will be supplied to meet the needs of the Nakhchivan Autonomous Republic.

However, Azerbaijan has the opportunity to carry out commercial supplies to Iran to meet the needs of the northern provinces of Iran, the minister said.

Work is underway to increase the capacity of the existing gas infrastructure between the parties. Azerbaijan will be able to supply about 1 billion cubic meters of gas a year to Iran in the near future.

The minister said that Iranian gas will be supplied to Europe through Azerbaijan and Georgia in the future.

The minister also expressed satisfaction with the participation of Iran in the project to develop the Azerbaijani Shah Deniz gas field. Aliyev said that good results have been achieved while developing the first stage of the project.

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