Turkey, Iran agree to expand energy cooperation |
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Published
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Thu, 31 May 2007 13:56
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ANKARA (Thomson Financial) - Turkey and Iran have agreed in principle to expand their electricity trade and build dams and power stations, Turkish Energy Minister Hilmi Guler said.'We believe we can sign a memorandum of understanding later Thursday,' Guler said after talks with his Iranian counterpart Parviz Fattah, the Anatolia news agency reported.The projects include upgrading existing power lines through which Iran sells Turkey electricity and building additional lines, the two ministers said.'We agreed to multiply by 2.5 the capacity of the two existing power lines between our countries and to build two more lines if need be,' Fattah said.Guler said they also discussed proposals to build dams and natural gas- or oil-fuelled power stations.Fattah invited Turkish companies to look at the possibility of building dams and power plants in Iran.'Iran is completely ready for such investment and cooperation,' he said.tf.TFN-Europe_newsdesk@thomson.comafp/jrCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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