Iran, Azerbaijan ink MoU on enhancing bilateral ties

Iranian Minister of Petroleum Javad Owji and Azerbaijani Minister of Economy Mikayil Jabbarov signed a memorandum of understanding to increase Turkmen gas transfers through Iran to Azerbaijan.

Owji met and held talks with Jabbarov on Friday in Baku, Azerbaijan.

During the meeting, the two sides signed a memorandum of understanding on enhancing mutual cooperation.

Under the memorandum of understanding, the parties agreed to double the volume of gas transported from Turkmenistan to the Republic of Azerbaijan via Iranian lines.

The two sides also discussed other economic issues of mutual interest in the areas of energy, oil, gas, transportation, and bilateral trade.

News Code 193869

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