India ready to cooperate with Azerbaijan on mining projects
Azerbaijan, Baku, April 17 / Trend, E.Ismayilov /
The Indian oil and gas corporation Videsh Limited is ready to cooperate with Azerbaijani companies operating in projects in exploration and production, both in India, Azerbaijan and in other countries, the text of the protocol signed yesterday said following the second meeting of the Azerbaijani-Indian intergovernmental commission on trade, economic, scientific and technological cooperation says.
According to the protocol, an agreement was reached on the possible analysis of a feasibility study of hydrocarbon supplies by Central Asia to India by the State Oil Company of Azerbaijan (SOCAR) and Videsh Limited.
In 2007, SOCAR and Oil and Gas Corporation Videsh Limited signed a protocol on cooperation in the energy sector. In particular, the Indian side proposed to hold a meeting of experts of the joint working group in New Delhi in the near future in order to develop cooperation in the energy sector.
Also at the meeting Azerbaijani side expressed its positive attitude toward holding a regular meeting of the coordinating council of the North-South International Transport Corridor in Azerbaijan in 2012.
The meeting stressed the need to complete the construction of the Qazvin-Rasht-Astara (Iran)-Astara (Azerbaijan) railway which is the missing link to connect the rail lines within the North-South transport corridor.