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Iran-Armenia Gas Pipeline Can Upset Energy and Economic Balance InRe

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  • Iran-Armenia Gas Pipeline Can Upset Energy and Economic Balance InRe

    IRAN-ARMENIA GAS PIPELINE CAN UPSET ENERGY AND ECONOMIC BALANCE IN REGION, TURKISH PARTY CONSIDERS

    07.04.2005 06:30

    /PanARMENIAN.Net/ The Zaman Turkish newspaper has published an article
    on the issues of the building and prospects of using Iran-Armenia
    gas export pipeline. According to the data in the article, the gas
    pipeline project was worked out in 1992, the agreement on its building
    being signed in 1995. The pipeline is expected to begin operation in
    the beginning of the next year. The length of the Iranian part of the
    pipeline is 100km, the Armenian â~@~S 41km. The estimated cost of
    the project makes $220 million. Article author Ferket Ortan, who is
    international political correspondent says that after the realization
    of the project the energy and economic balance in the region that
    is close to Turkey can change. There is also a project of extending
    the gas pipeline till Supsa Georgian port, then to Feodosia Ukrainian
    city along the ground of the Black Sea and transiting to the European
    countries via Ukraine. Ukraine and the EU are highly interested in
    diversification of gas sources and actively support the project. Russia
    naturally is against the project of extension of the gas pipeline. The
    author noted that «the realization of the project will result in
    approach of its participants (Iran, Armenia, Georgia and Ukraine)
    with the EU and changing the balance in the region, where Turkey is
    also situated. It is an important circumstance and it is desirable
    for Turkey to know it beforehand,» Iran. ru reported.

    --Boundary_(ID_itvn9TSnEbzu7zjwrux2NQ)--
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