Iranian company to prepare feasibility study for connecting power networks of three countries

A feasibility study for the electricity networks of Azerbaijan, Iran, and Russia will be prepared by the international engineering and consulting company Monenco Iran, Azerbaijani Energy Minister Parviz Shahbazov said in an interview with Russia's Neftegazovaya Vertikal magazine.

"Currently, work is underway to prepare a feasibility study for the connection of energy systems. The research results will allow to determine the route of the energy bridge, as well as to show its economic efficiency," the minister noted.

Parviz Shahbazov said that Azerbaijan's Azerenergy, Iran's Tavanir, and Russia's Rosset signed an agreement in 2019 to jointly prepare a feasibility study for the project "Integration of energy systems of the Republic of Azerbaijan, the Islamic Republic of Iran and the Russian Federation."