ArmInfo. Tehran and Yerevan have agreed to set up a joint specialized working grouping the field of energy. According to the Iranian publication MEHR, the agreement was announced following a meeting between Iranian Oil Minister Mohsen Paknejad and Armenian Minister of Territorial Administration and Infrastructure Davit Khudatyan, held in Tehran on Saturday.
Paknejad suggested that the group begin operations as soon as possible so that concrete outcomes can be assessed during the next round of bilateral talks.
According to the source, during the meeting, the parties discussed a wide range of potential energy projects, including expanding bilateral trade, exporting technical and engineering services, constructing oil refineries, and supplying petroleum products to Armenia.
Hailing Armenia for standing by Iran during difficult periods, Paknejad reaffirmed Tehran's readiness to strengthen cooperation with its northwestern neighbor within the framework of its technical and economic capabilities.
According to him, the existing energy partnership between the two countries is based on a gas-for- electricity swap arrangement. However, he said Iran has proposed a new commercial model aimed at expanding natural gas exports.
