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Armenia to sign gas agreement with Iran

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  • Armenia to sign gas agreement with Iran

    Armenia to sign gas agreement with Iran

    RosBusiness Consulting
    May 12 2004

    RBC, 12.05.2004, Yerevan 16:10:45.Iranian Petroleum Minister
    Bijan Namdar-Zanganeh will arrive in Armenia on a one-day visit.
    According to the press service of the Armenian Energy Ministry, the
    main aim of the visit is to sign an agreement on constructing the
    Iran-Armenia gas pipeline. Namdar-Zanganeh will meet with Armenian
    President Robert Kocharian and Prime Minister Andranik Markarian.

    The length of the pipeline will amount to 141km. It is planned
    to start the construction this year and to finish it in 2006. The
    cost of the project has been estimated as $120m. At the first stage,
    it is planned to receive some 700m cubic meters of gas from Iran with
    later up to 1.5bn cubic meters.

    Armenian authorities deny the possibility of transit of Iranian
    gas to Europe through Armenia since this project implies "certain
    difficulties".

    From: Emil Lazarian | Ararat NewsPress
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