Announcement

Collapse
No announcement yet.

Construction of Armenian Part of Iran-Armenia Gaspipe Line Begins

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Construction of Armenian Part of Iran-Armenia Gaspipe Line Begins

    CONSTRUCTION OF ARMENIAN PART OF IRAN-ARMENIA GASPIPE LINE BEGINS

    Azg/arm
    2 Dec 04

    On the Armenian bank of Arax River, not far from town of Agarak, the
    construction of the Armenian part of Iran-Armenia pipeline began on
    November 30. Armen Movsisian, RA Energy Minister, emphasized the
    importance of the gas pipeline for Armenia.

    The gas pipeline stretches for 142 km. The first document on its
    construction was signed 12 years ago. The construction in the Iranian
    side began several months ago. The Armenian part of the pipeline is
    constructed by "Sanir" Iranian company.

    The officials visiting the ceremony emphasized in their speeches the
    contribution made by the leaders of both countries to the
    implementation ofsuch an important program. The agreement on the
    construction of the gas pipeline was signed on May 13, 2004, in
    Yerevan. The agreement on financing the project was signed in the
    course of Iranian President Khatami's visit to Armenia.

    Habibollah Bitaraf, Iranian Energy Minister, said in his speech that
    according to the agreement, the Iranian Export and Development Bank
    allocated a credit for the construction of the Armenian part of the
    gas pipeline. The credit amounts to $30 million. Bitaraf said that
    Armenia will pay back with electricity for the Iranian gas.

    "By implementing this project we develop Armenian-Iranian relations
    one more step further. Much efforts were made, many negotiations were
    held between Armenia and Iran to achieve the construction of the gas
    pipeline," Bitaraf said.

    RA Prime Minister Andranik Margarian stated that "this day of 2004
    will remain in history". According to him, the gas pipeline has not
    only economic and energetic importance for Armenia and Iran but will
    also "make definite changes in the region".

    "This project is implemented through political and economic
    sufferings," Margarian said and reminded, "in the years of hardship
    for Armenia Iran stretches out its hand to help us". When we say a
    friendly country, we mean the friendship, indeed, the prime minister
    stated.

    RA Prime Minister expressed hope that "in 2005or in 2006 we will again
    gather here to open the construction of two hydro power plants on the
    banks of Arax. "Today we open the second Armenia-Iran electricity
    line in Shinuhayr village, and we are hopeful that the third line will
    be opened, as well," Margarian said.

    The officials were hopeful that the construction of the gas pipeline
    would be completed according to the schedule, i.e. by the end of
    2006. According to the agreement, Iran should provide 36 billion
    sq. meter of gas to Armenia in the course of 20 years. Prime Minster
    Margarian said that besides economic and regional importance, the
    construction of Iran-Armenia gas pipeline will open new job positions
    for Meghri and Syunik region's residents. "This is a region that is
    the back of Armenia and Nagorno Karabakh," Margarian said.

    Alireza Haghighian, Iranian Ambassador to Armenia, stated that the
    construction of the gas pipeline will contribute not only to the
    development of Armenia' s economy but also to the regional stability.

    By Tatoul Hakobian

    From: Emil Lazarian | Ararat NewsPress
Working...
X