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Commodities

Iran, Armenia Forge Ahead with Energy Cooperation Plans

Guavy AI Editorial Team
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Oil
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Iran and Armenia have agreed to form a joint specialized working group in the energy sector.

The working group will focus on developing bilateral cooperation, particularly in the areas of trade, export of technical and engineering services, construction of a refinery, and meeting Armenia's needs for petroleum products.

Oil Minister Mohsen Paknejad said that Iran has proposed a new model for gas trade with Armenia, which would allow for the expansion of energy cooperation beyond their borders.

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