RAO UES CEO Antatoly Chubais and Iran's Energy Minister Parviz Fattah
Moscow, 20 February 2008. Anatoly Chubais, President of the CIS
Electric Power Council and Chairman of the Management Board of RAO "UES of
Russia", and Parviz Fattah, Minister of Energy of the Islamic Republic of Iran, have
signed a memorandum of understanding.
The parties acknowledge their mutual interest in cooperation in the
electricity industry and express confidence that their joint projects will be major factor
contributing to the development of the Caucasian/Central Asian region and in the Middle
They consider it a matter of highest priority to synchronize Iran's
power system with those of the CIS and Baltic republics, stating that some of the
interconnection lines between Iran and Azerbaijan, Armenia, and Turkmenistan, have already
been completed or are under construction.
In the near future, the parties will create joint working groups to
consider the possible models for synchronous operation of the energy systems in Iran, the
CIS and the Baltics. Representatives of the Caucasian and Central Asian republics will be
invited to participate in these groups, which is a pre-requisite for implementing the
synchronous interconnection project.