Iran and Azerbaijan have reportedly reached a landmark agreement in principle to cooperate on oil and gas issues. "Iran and Azerbaijan discussed a number of new projects in the energy sector. A group of Azerbaijani experts were in Iran to work out details of the arrangements, he added. Owji said that “in the coming weeks” further agreements would be signed “in the field of oil, gas and development of Caspian oil and gas fields,” Shana reported. But news of the deal could serve to persuade Ankara to speed up development of its planned gas pipeline to Nakhchivan.

Source: The North Africa Journal November 24, 2021 02:02 UTC