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Armenia holds no talks on gas transit to Ukraine-energy minister

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  • Armenia holds no talks on gas transit to Ukraine-energy minister

    ITAR-TASS News Agency
    TASS
    September 23, 2005 Friday

    Armenia holds no talks on gas transit to Ukraine-energy minister

    By Tigran Liloyan

    YEREVAN

    Armenia is conducting no negotiations on the transit of Iranian gas
    to Ukraine or to Europe, Energy Minister Armen Movsesian has told a
    news conference.

    "It is up to Iran and Ukraine to discuss such matters. As long as
    there have been no negotiations on that score, discussing the
    participation of other countries in such projects will make no
    sense," he said.

    The gas pipeline from Iran will go operational 4-5 months earlier
    than expected, by the autumn of 2006, Movsesian said. Armenia plans
    to increase the pipeline's throughput between Kadjaran-Yerevan. The
    Iran-Armenia pipeline began to be laid on November 30, 2004. Under
    the contract it is expected to go be commissioned by January 1, 2007.

    Over a period of 20 years Iran will supply to Armenia 36 billion
    cubic meters of natural gas in exchange for electricity.

    Movsesian said Iran will invest 150 million dollars in the
    construction of the fifth unit of the Razdan thermoelectric power
    plant. When upgraded, this power unit will increase the power plant's
    capacity to 450 megawatts. The facility's economic parameters will
    then match all international standards.
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