Vladimir Putin: Russia, Iran, Azerbaijan should coordinate efforts in hydrocarbon production

By  Trend

Russia, Iran and Azerbaijan should coordinate their efforts in the production of hydrocarbons.

Russian President Vladimir Putin made the remark at a press conference following the results of a trilateral meeting with Azerbaijani President Ilham Aliyev and Iranian President Hassan Ruhani in Tehran on November 1.

"Russia, Iran and Azerbaijan are major producers of hydrocarbons. But this does not mean that we must compete, this means that we must coordinate our efforts," said Putin.

He noted that coordination of actions within the framework of OPEC has already yielded positive results. "This would not be possible if the countries that are not members of the cartel did not join this work. The same goes for the Organization of Gas Producers. We also cooperate here and will continue to cooperate, "Putin said.

Putin also stressed that Russia confirms its readiness to supply gas through the pipeline transport systems of Azerbaijan to the north of Iran, which may be economically expedient for the partners.