Moscow Event Highlights South Caucasus Energy Cooperation Efforts

Moscow:Discussions at a roundtable during Russian Energy Week centered on energy cooperation in the South Caucasus, emphasizing electricity trade and regional energy strategy coordination under the '3+3' framework.

According to Azerbaijan State News Agency, the event, titled 'The 3+3 Platform Energy Cooperation as a Pillar of Peace and Security in the South Caucasus,' also addressed the use of existing infrastructure, economic ties, and joint projects to foster regional stability.

Elshad Nasirov, Vice President of SOCAR, highlighted the efficient use of pipelines and the expansion of regional cooperation. He noted Azerbaijan's energy partnerships with Türkiye and Georgia, and a gas swap agreement with Iran for the Nakhchivan Autonomous Republic. Nasirov cited Azerbaijani fuel deliveries to Armenia as an example of energy sector collaboration promoting peace.

Roman Marshavin, Russian Deputy Energy Minister, suggested that '3+3' platform members exchange energy strategies and consider a joint industrial development strategy extending to 2050.

Iran's Deputy Oil Minister, Saeid Tavakoli, spoke on developing a new energy agenda through the platform, emphasizing efficient pipeline use and seasonal supply adjustments, alongside joint underground gas storage development.

Eduard Martirosyan, head of the Armenian Nuclear Power Plant, discussed energy cooperation prospects with neighboring countries, including future electricity transit from Azerbaijan. He expressed Armenia's intent to enhance energy ties with Iran, Georgia, and potentially Azerbaijan.

Archil Sikharulidze, director of the SIKHA Foundation, mentioned the possibility of Georgia joining the platform in the future. The event was organized by Russia's Ministry of Foreign Affairs and Ministry of Energy, with support from the Roscongress Foundation and the Institute of China and Contemporary Asia of the Russian Academy of Sciences.