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IRAN, ARMENIA AGREE TO BOOST ENERGY TIES
Agence France Presse
May 31 2011
TEHRAN - Iran and Armenia have signed a memorandum of understanding
to boost cooperation on oil, gas and electricity and expand their
commercial and industrial ties, Iranian media reported Tuesday.
Armenian Energy Minister Armen Movsisian on Monday signed the agreement
with Iranian Foreign Minister Ali Akbar Salehi in Tehran.
"The volume of trade between the two countries has increased by 38
percent in 2010, rising to 270 million dollars," said Salehi, adding
Iranian President Mahmoud Ahmadinejad would visit Armenia "next week."
The two countries have decided to build a power line with a capacity
of 500-800 megawatts linking their electricity grids, local papers
reported.
Tehran and Yerevan are also mulling over plans for Iranian companies
to construct two 180-megawatt hydroelectric dams on Aras river,
which borders the two countries.
In February, Movsisian announced plans to construct a 365-kilometre
(227-mile) pipeline from the northwestern Iranian city of Tabriz to
Eraskh in Armenia.
The pipeline would provide Armenia with an alternative to Russian
energy imports, which were disrupted by the Georgia-Russia war in 2008.
In 2007, the two countries inaugurated a gas pipeline designed to
transport 36 million cubic metres of Iranian gas to Armenia per day
for 20 years.
Agence France Presse
May 31 2011
TEHRAN - Iran and Armenia have signed a memorandum of understanding
to boost cooperation on oil, gas and electricity and expand their
commercial and industrial ties, Iranian media reported Tuesday.
Armenian Energy Minister Armen Movsisian on Monday signed the agreement
with Iranian Foreign Minister Ali Akbar Salehi in Tehran.
"The volume of trade between the two countries has increased by 38
percent in 2010, rising to 270 million dollars," said Salehi, adding
Iranian President Mahmoud Ahmadinejad would visit Armenia "next week."
The two countries have decided to build a power line with a capacity
of 500-800 megawatts linking their electricity grids, local papers
reported.
Tehran and Yerevan are also mulling over plans for Iranian companies
to construct two 180-megawatt hydroelectric dams on Aras river,
which borders the two countries.
In February, Movsisian announced plans to construct a 365-kilometre
(227-mile) pipeline from the northwestern Iranian city of Tabriz to
Eraskh in Armenia.
The pipeline would provide Armenia with an alternative to Russian
energy imports, which were disrupted by the Georgia-Russia war in 2008.
In 2007, the two countries inaugurated a gas pipeline designed to
transport 36 million cubic metres of Iranian gas to Armenia per day
for 20 years.