Azerbaijan might participate in a contest to provide electricity to two nations

Azerbaijan might participate in a contest to provide electricity to two nations
# 27 March 2024 14:02 (UTC +04:00)

The flexible export duty may make it difficult for the Russian energy company Inter RAO's competitiveness in the framework of the possible electricity supplies to Georgia and Türkiye, Executive Board member of the company Alexandra Panina said in this regard, APA-Economics reports citing TASS.

According to him, the competition the company intends to participate in for the supplies to the mentioned countries should be held soon.

Alexandra Panina also added that the participation of the Azerbaijani side in the competition is also expected and accordingtly, the 7% duty applied in Russia (the amount of duty applied to the export of electricity - ed.) may have an affect in the price offered by Inter RAO.

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