Iran to purchase natural gas from Azerbaijan

“Azerbaijan and Iran maintain cooperation in the sphere of natural gas. The demand of natural gas is growing in Iran due to industrialization. If Azerbaijan has excessive natural gas volumes, Iran is ready to be its customer. The issue is under discussion at present,” he added.

The ambassador added that natural gas prices will comply with world prices.

At present Azerbaijan delivers gas to Iran in exchange for Iran’s gas supplies to Nakhchivan AR.

AzeriGaz said Azerbaijan is technically capable of delivering extra 1.5 million to 2 million cubic meters of gas a day to Iran.

/APA/