Today.Az » Business » Azerbaijan, Iran may set up energy bank
13 January 2011 [10:55] - Today.Az
Azerbaijan and Iran will discuss the possibility of establishing a joint energy bank, said Iran`s minister of petroleum.
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/
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