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Russia, Iran team up on energy

May 24, 2004 at 11:54 PM   |   Comments

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."

© 2004 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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