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Iran-Armenia Gas Pipeline To Be Operational Dec. 2006

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  • Iran-Armenia Gas Pipeline To Be Operational Dec. 2006

    IRAN-ARMENIA GAS PIPELINE TO BE OPERATIONAL DEC. 2006

    Mehr News Agency, Iran
    April 9 2006

    TEHRAN, Apr. 9 (MNA) -- The first phase of Iran-Armenia gas export
    pipeline is expected to kick off in early December 2006, technical and
    foreign relations director of Armenia Energy Ministry Leon Vartanian
    announced on Sunday.

    "The project is moving at desirable pace and it is going to come on
    stream 30 days earlier than anticipated time," the Persian service
    of ISNA quoted Vartanian as saying, adding that the pipeline is 40
    km long within the Armenian territory.

    Elsewhere in the news, Iran's oil minister, Seyyed Kazem
    Vaziri-Hamaneh, stated that the country is exporting gas to
    Nakhichevan, Azerbaijan Republic, on energy exchange basis and
    several other gas export plans to the neighboring countries are
    under consideration.

    A natural gas sale to Armenia is Iran's third largest long-term
    contract in this sector after the export agreements to Turkey and
    UAE. The deal is projected at the daily volume of nine million
    cubic meters.
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