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Armenian Energy Minister: Armenia Not To Buy Gas From Turkmenistan

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  • Armenian Energy Minister: Armenia Not To Buy Gas From Turkmenistan

    ARMENIAN ENERGY MINISTER: ARMENIA NOT TO BUY GAS FROM TURKMENISTAN

    ArmInfo
    2010-04-07 19:57:00

    ArmInfo. Armenia will not buy gas from Turkmenistan, Armenian
    Minister of Energy and Natural Resources, Armenian Co-chairman of the
    Armenian-Turkmen Intergovernmental Commission for Economic Cooperation,
    Armen Movsisyan, told journalists, Wednesday, after the opening of
    the second sitting of the Commission in Yerevan.

    According to him, the transit of Turkmen gas to Armenia via the
    territory of Russia will cost as much as the Russian gas being
    currently received by Armenia ($180 per 1 thsd cu m - editor). Asked
    whether it is possible to deliver Turkmen gas to Armenia in a shorter
    way, via the territory of Iran, the minister replied that there is
    no such a pipeline yet.

    Construction of this pipeline requires big investments, but neither
    Iran nor Turkmenistan, which have their own gas reserves, will do
    that, the minister said. "As both Iran and Turkmenistan have their
    own gas, I do not think these large projects will be implemented",-
    he said. The minister does not rule out cooperation in delivery of
    Turkmen electric power to Armenia in case it is cheaper than the
    Armenian electric power, transit costs inclusive.

    To note, at present Armenia buys gas from Russia. Gas from Iran is
    also delivered to Armenia, however, Armenia pays for Iranian gas with
    Armenian electric power at the rate of 3 KW/h of electric power against
    1 cu m of gas. The minister pointed out that the first sitting of the
    Commission took place in Yerevan in 2009. The sides are currently
    discussing the prospects of cooperation in the spheres of health,
    education, energy, trade, transport and communication.
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