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Construction of Armenian strip of Armenia-Iran gas-main to begin soo

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  • Construction of Armenian strip of Armenia-Iran gas-main to begin soo

    CONSTRUCTION OF ARMENIAN STRIP OF ARMENIA-IRAN GAS-MAIN TO BEGIN SOON

    RIA Novosti, Russia
    Nov 26 2004

    YEREVAN, November 26 (RIA Novosti'S Hamlet Matevosyan) -The ceremony
    of launching the construction of the Armenian strip Megri-Kadjaran
    of the Iran-Armenia gas-main will take place on November 30, reports
    the Iranian embassy in Moscow.

    "The construction of the 42kilometere-long strip of the gas-main 700
    millimetres in diametre will begin in Armenia from the Megri-Kadjaran
    strip," said Levon Vardanyan of the Armenian Energy Industry
    Ministry. Finances for the construction of the said strip will be
    provided by Iran in accordance with the available agreements while
    the remaining strip to Ararat and Yerevan will be built later.

    The agreement signed by Armenia and Iran on May 13, 2004, provides
    for the construction of an Iran-Armenia gas-main whereby Armenia
    will receive 36 billion cubic metres of Iranian gas over a period
    of 20 years, with 1.1 billion cubic metres a year, in exchange for
    electricity.

    The gas-main project with a length of 141 kilometres (41 kilometres
    across the territory of Armenia and 100 kilometres across the
    territory of Iran) is planned to be completed at the end of 2006.
    Early estimates indicate that the Armenian side will invest about
    $90 million while Iran's share will be some $120 million.

    The gas-main running from Teheran to Yerevan across the Megri strip of
    the border between the two states will also enable transit deliveries
    of Turkmen gas to Armenia via Iran.

    From: Emil Lazarian | Ararat NewsPress
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