Iran, Azerbaijan to Finalize Deals for Oil, Gas Cooperation

Iran and Azerbaijan are expected to finalize a number of energy agreements, including the joint development of oilfields in the Caspian Sea.
Oil Minister Javad Owji made the statement after meeting First Deputy Prime Minister of Azerbaijan Shahin Mustafaev in Tehran on Sunday, the Oil Ministry’s news portal Shana reported.
"We have reached some agreement whose details will be announced soon," Owji said, noting that preliminary talks were held concerning a gas contract with Azerbaijan, gas swap from neighboring countries with Azerbaijan, the deal to transfer gas to Nakhichevan and development of oilfields in the Caspian Sea.