Russia, Iran and Azerbaijan to take steps for North-South corridor’s development

Russia, Iran and Azerbaijan will take measures on the development of transportation infrastructure, including the North-South international transportation corridor, the draft declaration says. “The sides intend to support efforts to integrate regional transportation and communication opportunities aimed at creating an economically profitable and environmentally friendly transportation infrastructure”, says the declaration that should be approved by…

Iran negotiating gas swap with Azerbaijan and Turkmenistan

An Iranian private company is negotiating gas swap with Azerbaijan and Turkmenistan, Azizollah Ramazani, director of the International Affairs Department at the National Iranian Gas Company (NIGC), said. He did not unveil further details. Iran has already announced readiness for natural gas swap projects with Russia, Turkmenistan and Azerbaijan. It was earlier announced that Iran…