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Iran, Armenia To Finalize Aras Dam Contract By March 2007

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  • Iran, Armenia To Finalize Aras Dam Contract By March 2007

    IRAN, ARMENIA TO FINALIZE ARAS DAM CONTRACT BY MARCH 2007

    Mehr News Agency, Iran
    Sept 30 2006

    TEHRAN, Sept. 30 (MNA) - Energy Minister Parviz Fattah said on Saturday
    Iran would finalize a contract with Armenia to construct a dam in
    Aras by the end of the current Iranian year, falling on March 20, 2007.

    Speaking at the sideline of a meeting with Armenian Energy Minister
    in Yerevan, Fattah said that studies conducted on construction of
    a dam over Aras River has finished. Iran and Armenian have reached
    the agreement to jointly build the dam, and they will finalize the
    contract by March 2007, he reiterated.

    The minister further said that construction operations of the dam
    are to be launched in 2007. "The joint construction of Aras Dam
    will have great impact on the development of bilateral political and
    economic ties."

    He also stated that Iran's gas conveyance pipe to Armenia will come
    on stream by March 2007.
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