ARMENIA TO IMPORT GAS FROM IRAN IN CASE OF NEED<br />


ARMENIA TO IMPORT GAS FROM IRAN IN CASE OF NEED

  • 10-10-2008 17:32:00   | Armenia  |  Economy
YEREVAN, OCTOBER 10, NOYAN TAPAN. Armenia will start importing gas from Iran only in case of a need. At present it is not known when a need to start the import of gas will arise, NT correspondent was informed by spokeswoman for the RA ministry of energy and natural resources Lusine Harutyunian. She said that contrary to an earlier statement made by the Iranian side, the import of Iranian gas into Armenia will not begin on October 13. This decision was made as a result of bilateral negotiations. The completion of the Iran-Armenia gas pipeline's construction was announced in September. It is possible to transport 2.5 billion cubic meters of gas through the pipeline a year. Iran expressed a willingness to supply 1.1 billion cubic meters of gas to Armenia in 2009. However, Armenia which receives over 2 bilion cubic meters of gas from Russia annually does not have yet a need for extra gas. It was announced that Armenia must pay with electricity for Iranian gas in the proportion of 3 kwh for one cubic meter.
  -   Economy