Russia Lobbies for Energy Ties with Baku

gazpromBAKU (UPI) –Parallel work in the energy sectors in Russia and Azerbaijan is important not only for southern Russia but for the region, the Russian energy minister said.

Russian Energy Minister Sergei Shmatko spoke at a regular electrical power meeting in Baku on the importance of bilateral cooperation in the energy sector, the Trend news agency reports.

“We believe there are good opportunities for parallel operation of our energy resources,” the Russian minister said.

Shmatko said complimentary technologies in the region created an environment for increased energy production and power networks between the two countries.

He noted at the meeting Friday that he would discuss with energy partners in Baku the possibility of constructing power networks between Azerbaijan and Dagestan, the southeastern most federal subject in Russia.

Additional plans include the construction of hydroelectric dams.

Azeri Energy Minister Natik Aliyev, for his part, said movement in the electrical sector in a regional project linking Russia, Azeri and Iranian networks could move Azerbaijan from an electrical importer to an exporter.


Related posts

Discussion Policy

Comments are welcomed and encouraged. Though you are fully responsible for the content you post, comments that include profanity, personal attacks or other inappropriate material will not be permitted. Asbarez reserves the right to block users who violate any of our posting standards and policies.