Oil Minister Iran Javad Ovji will visit Azerbaijan in early June to participate in the Baku Energy Forum, which will be held on June 2-3.
The forum will consider new production opportunities in the Caspian region, gas routes, oil refining and financing of petrochemical projects.
It was previously reported that in the near future Azerbaijan and Iran will sign new agreements on the development of oil and gas fields in the Caspian Sea.