Upon the US withdrawal from the JCPOA on May 8, 2018, CMS Board of Directors resolved to cease all activities that would in any way (either directly or indirectly) link CMS or any ship under CMS operation with Iranian ports or Iran related activities. (June 21, 2018).
Azerbaijan Airlines continues to provide daily non-stop flights from Baku to Tehran and has an office in Tehran.
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AZAL President Jahangir Asgarov met with the delegation of the airline Iran Air, headed by its CEO Farzaneh Sharafbafi in Baku on October 26. During the meeting, the sides exchanged views on issues related to the further development of cooperation between Azerbaijan Airlines and Iran Air. (AZAL, 10/28/2018).
"Azerenergy and Iranian Power, Generation, Transmission and Distribution Management Company (TAVANIR) signed a contract on sale and purchase of electric energy. The contract was signed by Azerenergy President Etibar Pirverdiyev and Tavanir's managing director Arash Kordi. According to the contract, 180 megawatt of energy will be imported from Azerenergy for Mughan and Astara regions from June. " (April 12, 2018).
"Iran-Azerbaijan Joint Railway Opens After Much Anticipation." (Caspian News, "Iran-Azerbaijan Joint Railway Opens After Much Anticipation," 3/12/2019).
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Azerbaijan’s President Ilham Aliyev signed a decree July 19 approving a memorandum of understanding between Azerbaijan Railways CJSC and Iranian Railways on the development of railways, signed on March 5, 2017, in Tehran. (July 20, 2017)
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In June 2017, Azerbaijan and Iranian Railways signed an agreement within the framework of the project “Construction and operation of the Astara loading and unloading terminal”.
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"Iran and Azerbaijan are expected to finalize a deal to create a crucial rail link during the upcoming visit to Baku by the Iranian President Hassan Rouhani. Javid Gurbanov, the head of Azerbaijan Railways, has been quoted by the country's media as saying that a key document over the project - which envisages connecting Iran's northern city of Rasht with Azerbaijan's Astara - will be signed when Rouhani visits Baku in early August. 'President Hassan Rouhani is expected to visit Azerbaijan tentatively on August 8-10. A document on the financing of the project to build the Rasht-Astara railway may be signed during this visit,' Gurbanov said. He said, citing Iranian experts, that the cost of building the Rasht-Astara railway is projected at $900 million, Itar-Tass has quoted him as telling Azerbaijan's ANS television." (Press TV, “Rouhani to finalize rail deal in Baku visit,” 6/13/2016)
"In February 2017, an Azerbaijani bank will open its branch in Iran, Economy Minister Shahin Mustafayev told a press conference on the outcome of an Azerbaijani delegation’s visit to Iran. "
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"Russia and Iran agreed to strengthen transport connections, including a potential railway link through Azerbaijan that would aim to grab a share of the cargo now being shipped through the Suez Canal. Russian President Vladimir Putin and his Iranian counterpart, Hassan Rouhani, discussed the plan during a rare joint visit to Azerbaijan on Monday. The fight against terrorism and maritime boundaries in the Caspian Sea were also among the topics of discussion... Azeri President Ilham Aliyev has offered to help finance the so-called North-South transportation corridor, which he touted as a project of 'great importance' in connecting Europe and Asia. Rouhani earlier said Azerbaijan had agreed to provide half of the funding needed to extend the Iranian rail network to the Azeri border... Russia would be able to use the new route to export goods to Asian markets and the Gulf region, Elxan Shahinoglu, head of the Atlas research center in Baku, said by e-mail. It would also provide a shorter passage for Iranian goods to northern and eastern Europe, he said... The state-owned International Bank of Azerbaijan will lend Iran $500 million to extend the Iranian network to the border, Trend news service reported in June, citing Ali Noorzad, head of the Iranian Co. for Construction and Development of Transportation Infrastructure. Talks continue on the loan agreement, Noorzad said, adding that the estimated cost of the project is $1.1 billion." (Bloomberg, "Russia, Iran Consider Rail Link to Snag Share of Suez Traffic", 8/8/2016).
Lists a representative office in tehran, Iran.
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"Azerbaijani gas is currently exported directly by the State Oil Company of Azerbaijan SOCAR to Iran and Georgia, and by the Shah-Deniz consortium via the Baku-Tbilisi-Erzerum gas pipeline to Georgia and Turkey." (January 31, 2018)
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"The Memorandum of Understanding between the State Oil Company of Azerbaijan Republic and Ghadir Investment Company which were among the documents signed in the wake of the visit will intensify joint cooperation between Azerbaijan and Iran in the field of oil and gas. It is worth mentioning that Azerbaijan and Iran have been cooperating in the energy field for a long time." (February 29, 2016).
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"The State Oil Company of Azerbaijan (SOCAR) delivered 400 million cubic meters of gas to Iran within swap operations in 2014, a source at SOCAR told Trend on Jan.16. Gas is delivered to Iran in order to meet the gas demands of Nakhchivan Autonomous Republic which is in the blockade due to occupation of 20 percent of Azerbaijani lands by Armenia. 'The volume of gas deliveries to Iran in 2014 is equal to the volumes of 2013,' said the source." (Trend, "SOCAR reveals volume of gas deliveries to Iran in 2014," 1/16/2015)
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"The State Oil Company of Azerbaijan (SOCAR) delivered nearly 360 million cubic meters of gas to Iran within swap operations in Jan.-Nov. 2014, a source at SOCAR told Trend... The source said that the volume of gas deliveries to Iran will reach around 400 million cubic meters by late 2014. The volume of gas supplies to Iran will reach about 400 million cubic meters before the end of 2014, according to the source." (Trend, "SOCAR gas deliveries volume to Iran reaches 2013 year index," 12/12/2014)
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Azerbaijan will more than double gas supplies to Iran to 1 billion cubic metres per year under a five-year deal signed on Wednesday, Azeri state energy firm SOCAR said. SOCAR said it signed the deal with the National Iranian Gas Export Company (NIGEC), and that volumes would increase from 1 bcm in the first year (Reuters, "Azerbaijan to boost gas supplies to Iran," 1/12/2011).
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"Iran is in talks with Azerbaijan to finalize the long-term Azeri gas importation deal within the next three months, the managing director of National Iranian Gas Export Company (NIGEC) said on Wednesday. Seyed Reza Kasaeizadeh added that the deal will allow supplying about 5 million cubic meters of the Azerbaijani gas per day (about 1.8 billion cubic meters per year) to Iran." (Tehran Times, "Tehran, Baku to finalize gas deal in three months," 1/21/2010).
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"The Islamic Republic of Iran tends to import 5 billion cubic meters of natural gas from Azerbaijan, annually." (Moj News Agency, "Iran, Azerbaijan to Finalize Gas Deal," 9/16/2009)
Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.