28 Mar 2024
Monday 28 April 2014 - 13:12
Story Code : 93643

Iran-Russia sign electricity deals valued $10b

Tehran, April 28, IRNA - Russias Energy Minister Alexander Novak said that the agreements signed between Tehran-Moscow for electricity cooperation are valued between $8-10b.
Novak made the above statement in a press conference in Tehran.
Iran and Russia are determined to cooperate in power plants construction and power transmission, the Peroenergy news network SHANA reported on Monday.

Novak said that a working group will soon be established between Iran-Russia to discuss technical issues.

The issue of power transmission among Iran-Azerbaijan-Russia was also discussed in his talks with Iranian officials in Tehran.

Iran and Russia have for years envisaged electricity exchange, but since they do not share borders, a third country is needed. Azerbaijan is the best option for that purpose.

By IRNA

 

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