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Armenia, Iran to start gas pipeline construction

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  • Armenia, Iran to start gas pipeline construction

    Interfax
    June 28 2004

    Armenia, Iran to start gas pipeline construction

    Yerevan. (Interfax) - Armenia and Iran intend to immediately begin the
    construction of a gas pipeline between the two countries, says a
    report from the Armenian presidential press service.

    The report discusses the results of a visit by an Armenian delegation
    headed by Artashes Tumanyan, who heads the Armenian presidential
    administration and is co-chairman of the bilateral intergovernmental
    commission on economic cooperation, to Iran on June 21-24.

    The terms for starting the construction are not given in the
    statement. A source in the Armenian government told Interfax that it
    will probably be decided before the visit of Iranian President
    Mohammad Khatami to Yerevan, which is scheduled for September.

    The agreement between Iran and Armenia on construction of the pipeline
    was signed in Yerevan on June 13, 2004. The document envisages
    supplying 36 billion cubic meters of Iranian gas to Armenia over 20
    years in exchange for electricity.

    The length of the pipeline will be 141 kilometers, 100 of which will
    be located on Iranian territory. The total estimated construction cost
    is $210-$220 million. It is expected that gas supplies to Armenia will
    begin before January 2007.
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