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Land Work Continued on Armenian Section of Iran-Armenia Gas Pipeline

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  • Land Work Continued on Armenian Section of Iran-Armenia Gas Pipeline

    LAND WORK CONTINUED ON ARMENIAN SECTION OF IRAN-ARMENIA GAS PIPELINE


    YEREVAN, APRIL 26. ARMINFO. Land work is being carried out on the
    Armenian section of the Iran-Armenia gas pipeline, says the director
    general of the High Voltage Power Transmission Lines company Sahak
    Abrahamyan.

    The work is carried out by Sanir (Iran) under Iranian financing. The
    whole project is to be finished in 2 years. The pipeline is crucial
    for Armenia's energy security and is to diversify the country's gas
    inflow sources. Yerevan Thermal Power Plant is to order the gas paying
    for it in electricity. The operator of the supplies will be
    ArmRosgazprom, the client is HVPTL, general contractor Sanir.

    The supplies will be started in 2007. Iran has lent Armenia $30 mln
    for the Armenian section for 7.5 years at 5% and has pledged to supply
    the country with 36 bln c m of gas in 20 years.
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