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Armenian-Russian Co. Wins Tender to Build Iran-Armenia Gas Pipeline

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  • Armenian-Russian Co. Wins Tender to Build Iran-Armenia Gas Pipeline

    Armenian-Russian company wins tender to build Iran-Armenia gas pipeline

    Arminfo
    3 Mar 05

    YEREVAN

    The HayRusgasard [Armenian-Russian gas company] company has won a
    tender to construct the Armenian section of the Iran-Armenia gas
    pipeline from Megri to Kadzharan, Armenian Energy Minister Armen
    Movsisyan told a news conference on 3 March.

    The minister said that the major contractor, Iran's Sanir company,
    announced the tender at the end of last year. The minister did not
    disclose the contract cost. He noted that all the technical
    documentation on the construction of this sector of the gas pipeline
    has already been completed and field work will start at the end of
    March. It is planned to lay pipes and start welding in June. (Iran has
    allocated a 30m-dollar loan for the construction of the 41-km-long
    Megri-Kadzharan section of the pipeline.)

    Movsisyan added that representatives from Russia's Gazprom are
    currently in Yerevan and talks are under way to involve this company
    in the construction of the second section of the Iran-Armenia gas
    pipeline, Kadzharan-Sisyan-Dzhermuk-Ararat. A consortium of foreign
    companies is also interested in this project.

    The minister noted that the negotiations are about to finish and soon
    the government will announce the contractor in the construction of the
    second section of the Iran-Armenia gas pipeline.

    He recalled that in accordance with an agreement between Armenia and
    Iran, the construction of the gas pipeline is to be completed by 1
    January 2007. At the first stage, Iran is to deliver to Armenia 1.1bn
    cu.m. of natural gas annually. But starting from 2019, 2.3bn
    cu.m. will be delivered a year. The agreement is valid for 20 years.
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