Iranian Energy Minister Ali Akbar Mehrabian said that Iran and Russia will exchange electricity through Armenia, Georgia and Azerbaijan, Mehr reports.

"To exchange electricity with Russia, we have followed the two routes of the Republic of Azerbaijan and Armenia-Georgia, and we are in the process of final negotiation and implementation," he said.

The Energy Minister added that Iran is keen to exchange electricity with some neighbors without payment.

"Soon we will start exchanging electricity with Russia through Azerbaijan. Connecting to the Russian electricity grid through Armenia and Georgia is also on the agenda," he concluded.