87583
Azerenerji Starts Electricity Export to Northwest Iran
Azerenerji Starts Electricity Export to Northwest Iran
Sunday, June 03, 2018

Azerenerji Starts Electricity Export to Northwest Iran

Sunday, June 03, 2018

Azerenerji Starts Electricity Export to Northwest Iran

Azerbaijan started to export electricity to Iran on June 1, the country's major electricity producer, Azerenerji JSC, announced.
Yahya Babanli, Azerenerji's spokesman, said the company has started to transfer 80 megawatts of electricity to Moghan and Astara regions in northwestern Iran, IRNA reported.
The capacity is slated to increase to meet the two sides' terms of agreement. Iran reached an agreement with Azerbaijan in March to purchase 180 megawatts of electricity from the Caucasian country to prevent a potential power shortage in summer.
Under swap deals, Iran exports electricity to Armenia and Azerbaijan in winter and imports it when domestic demand soars in summer. The country trades electricity with four neighbors on its northwestern and western borders, namely Azerbaijan Republic, Turkey, Armenia and Iraq. 
 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/hFHjUx
06/03/2018
  1. https://goo.gl/1pDWRb
  • https://goo.gl/PKkiWc
  • https://goo.gl/tg8SLR
  • https://goo.gl/RKhZfM
  • https://goo.gl/GF7Awf

You can also read ...

OPEC Lack of Power Now More Obvious
OPEC is dying. President Donald Trump will probably rejoice....
Zanganeh Hopes OPEC Will Not Follow US Diktat
Iran Oil Minister Bijan Zanganeh said on Sunday he hoped...
Gasoline Refinery in South Iran Aims to Raise Production to 40 mld
Gasoline production at the Persian Gulf Star Refinery will...
Dams Aplenty But No Water
Water in dams surrounding the capital in the last water year (...

Add new comment

Trending

Googleplus