Iran's Minister of Energy, referring to the development of electricity exchange with Turkey as soon as possible, said that it is anticipated that operationalizing these negotiations will be realized as soon as possible.

Iran PressIran news: Turkey's Energy Minister Alparaslan Bayraktar traveled to Iran to hold official talks to further boost the cooperation between the two countries in the field of energy.

Iran's Minister of Energy Ali Akbar Mehrabian, in a meeting with Alparaslan Bayraktar, Minister of Energy and Natural Resources of Turkey, who visited Iran, said: "Iran and Turkey enjoy outstanding relations in the political sphere, and in the field of economic relations, there are very high capacities for the development of cooperation between the two countries."

He added: "One of the most important economic fields in which there is a possibility of developing cooperation between Iran and Turkey is the field of energy, especially electric energy, which was also emphasized in the recent meeting between the presidents of the two countries."

Turkish official visited Iran for the follow-up to the energy deals signed in January in Ankara during the eighth Türkiye-Iran High-Level Cooperation Council, adding that the two countries aim to increase the bilateral trade to $30 billion.

Iran is an important supplier of natural gas to Türkiye, Bayraktar stressed, noting that the natural gas trade between the two countries has been going on for 30 years.

“Hopefully, in the period ahead, we will quickly conclude the negotiations we have started today and take steps to take this gas supply agreement even further,” the Turkish minister said.

Last year, Türkiye imported 50.5 billion cubic meters of natural gas, down from the previous year’s 54.7 billion cubic meters. 219