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Adel: Iran May Make 2nd Armenia Pipeline

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  • Adel: Iran May Make 2nd Armenia Pipeline

    ADEL: IRAN MAY MAKE 2ND ARMENIA PIPELINE

    Hemscott, UK
    Sept 12 2006

    YEREVAN, Armenia (AFX) - The Iranian parliament speaker said Tuesday
    that his nation could build a second natural gas pipeline to this
    ex-Soviet nation.

    The first Iranian pipeline currently under construction is expected to
    be completed later this year and Iranian parliament speaker Gholam Ali
    Haddad Adel said that the two nations were considering the possibility
    of building a second one. He did not give any details.

    Adel also said that Iranian oil exports to Armenia were under
    consideration.

    Construction on the US$220 million (euro173 million) natural gas
    pipeline began in 2004, and its first section set to be completed
    this year will have an initial capacity of 1.7 billion cubic meters.

    Energy-hungry Armenia is looking to the pipeline to lessen its reliance
    on supplies of Russian gas via Georgia, which lies between them. But
    officials said Armenia would continue to receive gas from Russian
    monopoly Gazprom and that some of the gas from Iran would be used to
    generate electricity, which would then be used as payment for Iran.
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