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Iran Contracts to Construct Gas Pipelines to Azerb., Armenia, Kuwait

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  • Iran Contracts to Construct Gas Pipelines to Azerb., Armenia, Kuwait

    Iran Negotiating Contracts to Construct Gas Pipelines to Azerbaijan, Armenia,
    and Kuwait

    17 April 04

    TEHRAN (MNA) -- Iran is prepared to supply natural gas to the
    Azerbaijan Republic through a gas pipeline if the two countries agree
    to a contract guaranteeing the purchases, a senior Oil Ministry
    official said here Friday.

    The managing director of the state-owned National Iran Gas Export Co.
    (NIGEC), Roknoaddin Javadi, said that there is no formidable obstacle
    in the way of the plan and Iran is only waiting for the Azeri side to
    agree to the guarantees.

    However, the guarantees must be acceptable for Iran, he stressed.

    Iran has also reached preliminary agreements with Armenia and Kuwait
    on the construction of gas pipelines to those countries.

    It is expected that the deal with Armenia will be finalized soon, the
    official added.

    On Monday, Iranian Oil Minister Bijan Namdar Zanganeh announced that a
    draft contract for gas exports to Armenia has been prepared, adding
    that Iran's exports to Armenia will start at 500 million cu. m. per
    year and could be increased to 1.5 billion cu. m. per year.

    The minister said that Armenian officials would be signing the
    contract in the near future, according to PIN.

    From: Emil Lazarian | Ararat NewsPress
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