IRAN

Iranian MP Hadi Beiginejad: Gas Swap Deal Marks End of Energy Diplomacy Stalemate with Neighbours

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BLACKSEA-CASPIA

A member of the Energy Committee of the Islamic Consultative Assembly said that the gas swap between Iran, Turkmenistan and Azerbaijan shows the strong will of the Ministry of Petroleum in economic and energy diplomacy. The trilateral contract on the swapping of gas between Iran, Turkmenistan and Azerbaijan will help strengthen Iran's friendly relations with neighboring countries, Iranian MP Hadi Beiginejad told Shana News Agency.

Azerbaijan, Iran and Turkmenistan sign swap gas supplies agreement

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BLACKSEA-CASPIA

Azerbaijan, Iran and Turkmenistan signed a trilateral agreement on swap gas supplies in Ashgabat on Sunday.

The signing took place in the presence of President of Azerbaijan Ilham Aliyev and President of Iran Ebrahim Raisi.

According to the agreement, annually from Turkmenistan to Azerbaijan through Iran will be sent from one and a half to two billion cubic meters of gas.

Iran Aims to Swap Turkmen Gas to Azerbaijan

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BLACKSEA-CASPIA

Tehran and Baku have agreed on swap gas supplies to Azerbaijan via Iran from neighboring countries, including Turkmenistan, the Iranian Minister of Petroleum Javad Owji said on Sunday in Tehran following the talks with visiting Azerbaijani Deputy Prime Minister Shahin Mustafayev.

„A constructive meeting was held with the Azerbaijani delegation and important agreements were reached”, the Shana news agency quoted Owji as saying.

Azerbaijan’s transit opportunities can make it alternative to Suez Canal – Iranian official

By
ELNUR BAGHISHOV

Azerbaijan's transit opportunities can make its roads an alternative to the Suez Canal, Director General of the Transit and International Affairs Department of Iran Road Maintenance and Transportation Organization (RMTO) Javad Hedayati stated.

According to the official, Azerbaijan's roads and road infrastructure are at an advanced level. Azerbaijan has invested in this direction and done great work. The Azerbaijani state has taken steps in this direction with a very clear and transparent strategy.

Opening of Zangazur corridor can lead Armenia out of crisis

By
KHUMAY AGADJANOVA

The opening of the Zangezur corridor can lead Armenia out of the crisis. In 2020, Armenia's GDP fell by 7.4%. In 2021, it is projected to grow from 5.2% to a maximum of 6.1%. This means that this year the Armenian economy will not be able to return to the pre-pandemic and pre-war levels.

Expert-economist, Member of Parliament Vugar Bayramov stated that Armenia can restore its economy, which is in the state of crisis by opening communications:

Azerbaijan and the World Bank ink a new loan agreement

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BLACKSEA-CASPIA

The Azerbaijani government and the International Bank for Reconstruction and Development (IBRD) which is a member of the World Bank (WB) group, signed a loan agreement worth $65 million on October 27, Trend reports citing the Azerbaijani Finance Ministry.

The document was signed by the Azerbaijani Finance Minister Samir Sharifov and WB Regional Manager for Azerbaijan Sarah Michael.

Iran, Turkmenistan agree to double rail transit

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BLACKSEA-CASPIA

Iran’s Roads and Urban Development Minister Rostam Qassemi said that Iran and Turkmenistan have reached agreements on several areas, including doubling rail transit.

Speaking in the opening session of the 16th Iran-Turkmenistan joint commission on economic cooperation on Tuesday, Qassemi said that the two countries had a multi-billion-dollar trade, but the coronavirus pandemic imposed some limitations.

Iran warns against illegal entry of trucks into Azerbaijani territory

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BLACKSEA-CASPIA

The Iranian Transportation Ministry has issued a notice to haulage companies warning them against any illegal entry of their trucks into the Azerbaijani territories liberated in a war with Armenia last year.

According to Press TV, the notice released on Wednesday warned that Iranian transit trucks travelling from Iran through Armenia should enter liberated territories in Karabakh region, including the city of Lachin, only through the official border checks erected on the border by Azerbaijan.