Russia, Iran team up on energy

May 24, 2004 at 11:54 PM

BAKU, Azerbaijan, May 24 (UPI) -- Russia is seeking electrical generating cooperation with Iran in the Caucasus, RosBusiness Consulting reported Monday.

Anatoly Chubais, head of Russia's gigantic RAO UES electrical generating utility corporation said Moscow was determined to make its electrical energy systems compatible with those of both Azerbaijan and Iran. He said achieving synchronization of the different state electrical generating systems was a top priority, RBC reported.

Chubais was speaking after a meeting with Azerbaijan President Ilham Aliyev. Aliyev recently succeeded his father as leader of the former Soviet republic on the west side of the Caspian Sea, following the latter's death.

RAO UES and the national Azerenergy company have already signed a memorandum of cooperation that will give Azerenergy access to the Russian electrical grid, RBC said.

RBC quoted Chubais as saying, "We believe that synchronization of our energy systems is possible."

Related UPI Stories
Latest Headlines
Trending Stories
Pepsi to release 'Back to the Future Part II' inspired Pepsi Perfect
Nobel Prize in medicine awarded to parasitic disease scientists
Womb transplants begin in U.K. after Sweden's success
Gay Vatican priest comes out day before Pope Francis begins synod on family issues
Scientists find roadmap that may lead to 'exercise pill'