DATES OF IRANIAN GAS SUPPLY TO ARMENIA NOT DECIDED YET<br />


DATES OF IRANIAN GAS SUPPLY TO ARMENIA NOT DECIDED YET

  • 13-10-2008 17:20:00   | Armenia  |  Economy
YEREVAN, OCTOBER 13, NOYAN TAPAN. The dates of supply of the Iranian gas to Armenia have not been decided yet. The Armenian and Iranian sides have reached an agreement on supplying the Iranian gas to Armenia in case of necessity for the Armenian side. There is no such necessity at the moment, NT correspondent was informed by spokeswoman for the RA ministry of energy Lusine Khachatrian. To recap, in recent period the Armenian and Iranian sides have been conducting negotiatons on the dates of delivery of the Iranian gas to Armenia. The RA minister of energy Armen Movsisian told reporters earlier that the construction work of the gas pipeline will be completed in early 2009. At the same time the minister did not rule out that the work may finish in late 2008. By the agreement between the appropriate departments of the two countries, Armenia will supply electricity to Iran in exchange for Iranian gas (3 kwh for a cubic meter of gas). The construction of the first section of the Iran-Armenia gas pipeline was completed in March 2007. The capacity of the finished Meghri-Kajaran section makes 1.2 billion cubic meters of gas annually. With the aim of increasing imports of Iranian gas to Armania, construction of the second section of the Iran-Armenia gas pipeline - the 150-km Kajaran-Ararat section with a capacity of 2.3 billion cubic meters annually has begun.
  -   Economy