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BAKU: Gazprom intending to buy Iran-Armenia pipeline

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  • BAKU: Gazprom intending to buy Iran-Armenia pipeline

    TREND, Azerbaijan
    June 30 2006


    Gazprom intending to buy Iran-Armenia pipeline

    Source: Trend
    Author: À.Mammadov

    30.06.2006

    (RIA Novosti) - Gazprom plans to buy an Iran-Armenia pipeline
    currently under construction, a deputy chairman of the Russian energy
    giant said Friday.

    "Indeed, we intend to acquire this gas pipeline," Alexander Ryazanov
    told an annual shareholders' meeting, reports Trend.

    He said the pipeline, with a projected annual capacity of 1.2 billion
    cubic meters, would be commissioned in 2007.

    Ryazanov said putting the new facility on stream would help provide
    more reliable supplies of natural gas to Armenia, which presently
    receives its gas through Georgia.

    "There are problems with the transit of gas to Armenia via Georgia,
    as Georgia taps some of the gas," he said.
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