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Iran To Start Exporting Gas To Armenia By October 1st

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  • Iran To Start Exporting Gas To Armenia By October 1st

    IRAN TO START EXPORTING GAS TO ARMENIA BY OCTOBER 1ST

    Payvand
    Aug 29 2008
    Iran

    TEHRAN -- Due to latest negotiations, Iran will start gas exports to
    Armenia by Oct. 1st, head of the gas export operation office of the
    National Iranian Gas Company (NIOC) said here on Wednesday.

    "Last week Iran and Armenia held talks and studied the problems of
    Iranian gas transfer to Armenia. During this negotiations Yerevan
    declared its readiness to receive Iranian gas and export its
    electricity to Iran," Rasoul Salmani added, PIN reported.

    "Iran plans to annually export some 1.1 billion cubic meters of gas
    to Armenia. In the first phase Iran will export less volume to Armenia
    but will increase the export volume gradually," he explained.

    "Iran will annually import 3.3 billion kw/h of electricity from
    Armenia," Rasuli stated while adding that Armenia has not yet decided
    about the export volume in the first phase.

    The 100km Iranian section runs from Tabriz to the Iran-Armenia
    border. The Armenian section runs from Meghri region to Sardarian.

    Iran is expected to supply all of Armenia's gas needs within the next
    two years. The total outlay for the pipeline is about $28.2 million
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