Iran, Russia in talks over electricity exchange
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Iran and Russia seek to exchange electricity during high seasons.
A new report says Iran and Russia are in final talks over electricity exchange during high seasons.
According to the reports, Payam Baqeri, head of Export Committee of the Iranian Power Industry Union, has told the Azerbaijan Press Agency (APA) that Iran and Russia have for long been negotiating over electricity swap during summer and winter.
Accordingly, Iran will export electricity to Russia during winter and Russia will power up Iranian electricity grid during summer time when the local heat ups power consumption.
The report said a significant issue for the two sides has been a route to pick for the transfer.
It said currently two routes were available; one from Iran to Armenia and then Georgia before reaching Russia and the other from Iran to Azerbaijan and then Russia via Georgia again.
The official reportedly said that given the existing conditions for power exchange, the swap was likely set to take place through Azerbaijan.
He said the two neighbors have already synchronized their power grids.
Moscow and Tehran have moved to deepen economic ties since the lifting of anti-Iran sanctions in January.
Russia and Iran signed a major agreement last October to promote economic cooperation.
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