Announcement

Collapse
No announcement yet.

1st section of Iran-Armenia gas line to be put into operation 12/06

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • 1st section of Iran-Armenia gas line to be put into operation 12/06

    ArmInfo News Agency, Armenia
    Nov 10 2006

    FIRST SECTION OF IRAN-ARMENIA GAS LINE TO BE PUT INTO OPERATION AT
    END OF DECEMBER, 2006



    The first section of Iran-Armenia gas line will be put into operation
    at the end of December, 2006, RA deputy Energy Minister, Ara
    Simonyan, told ArmInfo correspondent.

    As for the gas line's second section, the negotiations on this
    project, according to the Minister, are underway. The Director
    General of "ArmRosgasprom" CJSC, Karen Karapetyan, had informed
    earlier that Armenia will be able to receive only 300-400 mln cub m
    of natural gas from Iran since 2007, through the first 40-km section
    of gas line from Meghri to Kajaran under construction. According to
    him, it is a very small volume of gas even for inner consumption,
    taking into account that Armenia intends to purchase 2,1 bln cub m of
    gas from Russia in 2007. He noted that the "ArmRosgasprom" CJSC
    carries out works at present to extend the Armenia's gas-transport
    net. The Company has dug trenches and lays pipelines at its own
    expense. The Company's Head said they work in the direction of
    Kajaran-Sisian at present, after which a pipeline with diameter of
    700 mlm will be laid from Jermuk to Ararat.

    The new pipeline is necessary to assure the hydraulics of the whole
    gas-transport net of Armenia, K. Karapetyan said. He added that a
    task is set to the Company to increase the throughput capacity of
    Iran-Armenia gas line to 2,3 bln cub m per year. However, this task
    is beyond the power of "ArmRosgasprom" CJSC and additional
    investments by one of its shareholders are necessary for its
    fulfillment. As for the laying of transit gas line through Armenia's
    territory, this project, according to Karapetyan, is to be financed
    by the gas purchaser and seller and not by the transit country. Asked
    about acquiring of 40-km section of Iran-Armenia gas line by Russian
    "Gasprom" , K. Karapetyan said that the Russian Company had expressed
    such an intention but no decision has been made yet. He informed that
    the Board of Directors of "Gasprom" OJSC has resolved on additional
    emission of shares to the sum of $118,8 mln, which will cause the
    Company's share holding increase in "ArmRosgasprom" from the present
    45% to 58%. These means are necessary for "Gasprom" to acquire the
    fifth power unit of Hrazdan HPP, he said.
Working...
X