Azerbaijan, Iran may set up energy bank

Seyed Masoud Mir Kazemi told a press conference on the results of his Baku visit that the issue would be discussed by a joint inter-governmental committee in Tehran.

“There are good opportunities to invest in oil and gas industry in both countries. We will conduct an in-depth analysis of the situation.”

The minister added: “Energy companies would feel free to trust their money to this energy bank.

And the bank would invest projects both in Azerbaijan, Iran and even third countries.”


/AzerTAc/