Tweet
CONSTRUCTION OF IRAN-ARMENIA GAS PIPELINE'S MEGHRI-KAJARAN SECTION TO BE COMPLETED BY DECEMBER 20
Noyan Tapan
Oct 24 2006
YEREVAN, OCTOBER 24, NOYAN TAPAN. It is envisaged to complete the
construction of the 40-km Meghri-Kajaran section of the Iran-Armenia
gas pipeline by December 20, which will allow to start the new gas
pipeline's operation ahead of the planned date - January 1, 2007. Sahak
Abrahamian, Director of High-Voltage Electric Networks company -
the customer of the gas pipeline's Armenian secton construction,
told NT correspondent that as a result about 1.7 billion cubic meters
of gas will be imported from Iran into Armenia annually. To recap,
ArmRusgazprom company is implementing the construction work of the
Armenian side. According to S. Abrahamian, the Armenian side received
80% of 35 mln USD envisaged for the construction work as a loan from
Iran's Development Bank, while the remaining sum will be allocated
from own resources. To recap, the agreement on import of natural gas
from Iran into Armenia was signed in Yerevan in May 2004. Under this
agreement, Armenia shall receive no less than 1.1 bln cubic meters of
gas from Iran annually. The term of the agreement is 20 years. Armenia
will pay with electricity for the imported gas.
Noyan Tapan
Oct 24 2006
YEREVAN, OCTOBER 24, NOYAN TAPAN. It is envisaged to complete the
construction of the 40-km Meghri-Kajaran section of the Iran-Armenia
gas pipeline by December 20, which will allow to start the new gas
pipeline's operation ahead of the planned date - January 1, 2007. Sahak
Abrahamian, Director of High-Voltage Electric Networks company -
the customer of the gas pipeline's Armenian secton construction,
told NT correspondent that as a result about 1.7 billion cubic meters
of gas will be imported from Iran into Armenia annually. To recap,
ArmRusgazprom company is implementing the construction work of the
Armenian side. According to S. Abrahamian, the Armenian side received
80% of 35 mln USD envisaged for the construction work as a loan from
Iran's Development Bank, while the remaining sum will be allocated
from own resources. To recap, the agreement on import of natural gas
from Iran into Armenia was signed in Yerevan in May 2004. Under this
agreement, Armenia shall receive no less than 1.1 bln cubic meters of
gas from Iran annually. The term of the agreement is 20 years. Armenia
will pay with electricity for the imported gas.