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Interfax, Russia
Aug 22 2012
Russian, Iranian natural gas deliveries to Armenia up 26% in H1
YEREVAN. Aug 22
Deliveries of natural gas from Russian and Iran to Armenia were up
25.7% year-on-year at 1.257 billion cubic meters (bcm) for the first
half of 2012.
A statement issued by the country's public services regulatory
commission says that natural gas deliveries to Armenia from Iran were
up 42% at 239 million cubic meters (mcm), from Russia - 22.37% at
1.018 bcm.
Iran is allowed by contract to ship Armenia up to 1.1 bcm of gas per
year (some 3 mcm per day), and starting in 2014 up to 2.3 bcm. The
plan was that Armenia would start supplying Georgia and Turkey with
excess electrical power. However, that has not been happening and in
fact Armenia is seasonally buying small amounts of less costly power
from Georgia.
CJSC Yerevanskaya Teploelektrotsentral receives natural gas arriving
in Armenia in exchange for electric power in a ratio of one m3 of gas
per 3 kWt/hours of electricity.
Armenia imported 460 mcm of Iranian gas in 2011, 15% more than the
year before. The country imported 1.609 bcm of Russian gas last year,
up 11.7%.
The monopoly gas supplier to Armenia is CJSC Armrosgazprom, which is
80% owned by Russian gas giant OJSC Gazprom (RTS: GAZP) and 20% by the
Armenian government.
Aug 22 2012
Russian, Iranian natural gas deliveries to Armenia up 26% in H1
YEREVAN. Aug 22
Deliveries of natural gas from Russian and Iran to Armenia were up
25.7% year-on-year at 1.257 billion cubic meters (bcm) for the first
half of 2012.
A statement issued by the country's public services regulatory
commission says that natural gas deliveries to Armenia from Iran were
up 42% at 239 million cubic meters (mcm), from Russia - 22.37% at
1.018 bcm.
Iran is allowed by contract to ship Armenia up to 1.1 bcm of gas per
year (some 3 mcm per day), and starting in 2014 up to 2.3 bcm. The
plan was that Armenia would start supplying Georgia and Turkey with
excess electrical power. However, that has not been happening and in
fact Armenia is seasonally buying small amounts of less costly power
from Georgia.
CJSC Yerevanskaya Teploelektrotsentral receives natural gas arriving
in Armenia in exchange for electric power in a ratio of one m3 of gas
per 3 kWt/hours of electricity.
Armenia imported 460 mcm of Iranian gas in 2011, 15% more than the
year before. The country imported 1.609 bcm of Russian gas last year,
up 11.7%.
The monopoly gas supplier to Armenia is CJSC Armrosgazprom, which is
80% owned by Russian gas giant OJSC Gazprom (RTS: GAZP) and 20% by the
Armenian government.