BAKU (Sputnik) – Russia is ready to discuss mutually beneficial pipeline infrastructure use with Iran and Azerbaijan in the Caspian Sea, Russian President Vladimir Putin said at the first trilateral summit Monday.
"Russia, Iran and Azerbaijan can discuss the implementation of new energy and transport projects in the Caspian Sea… We really have something to talk about in this format. There may be new projects in the Caspian Sea, and in a broader context, I mean transportation, energy, and the diversification of trade and economic relations," Putin said.
"Implementing oil and gas exploration and development projects, primarily in the Caspian region, are seen as priorities. We are ready to discuss mutually beneficial plans for the shared use of pipeline infrastructure to transport raw materials," he added.