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Armenia and Iran develop energy cooperation

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  • Armenia and Iran develop energy cooperation

    RIA Novosti, Russia
    Dec 2 2004

    ARMENIA AND IRAN DEVELOP ENERGY COOPERATION


    YEREVAN, December 2 (RIA Novosti) - Armenia is interested in
    strengthening its relations with Iran, Armenian President Robert
    Kocharyan said at a meeting with an Iranian delegation led by Iranian
    Energy Minister Habibollah Bitaraf.

    The Armenian president's press service said the construction of a gas
    pipeline and high voltage power lines marked the beginning of
    Armenian-Iranian business relations, which entail discussions about
    other potential programs. "We are ready to do everything possible to
    support the current level of cooperation," Mr. Kocharyan said.

    Mr. Bitaraf said the construction of the Iranian section of the gas
    pipeline would begin in the next two months and that Iran would
    increase the amount of electricity supplied to Armenia to 1,000 MW
    after the construction of a third high-voltage power line.

    Iran is also interested in cooperating with Armenia on hydroelectric
    plants and alternative energy sources such as wind power plants and
    the commissioning of the fifth generator at the Razdan thermal plant.


    The construction of the Kadzharan tunnel, Iranian fuel exports to
    Armenia and the potential for Armenia to use Iranian equipment in
    power plant construction were also discussed.

    The Iranian delegation is visiting Armenia for the start of
    construction of the Armenia section of the Iran-Armenia gas pipeline,
    the commissioning of the Agarak-Shinuair high voltage power line and
    the signing of an agreement on another power line.

    On May 13, Iran and Armenia signed an agreement on the Iran-Armenia
    pipeline in Yerevan. According to the agreement, the pipeline will be
    completed by January 1, 2007 and 36 billion cubic meters of gas will
    be imported to Armenia over the next 20 years. Armenia will import
    1.1 billion cubic meters of gas a year in exchange for supplying Iran
    with electricity. The pipeline will also carry Turkmen gas through
    Iran to Armenia.

    Construction of the Armenian section of the pipeline began on
    November 30, the same day the Agarak-Shinuair power line was
    commissioned.
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