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IRAN, ARMENIA KEEP BARTERING GAS WITH ELECTRICITY
Trend
Aug 27 2012
Azerbaijan
F.Milad, Trend News Agency, Baku, Azerbaijan
Aug. 27--Iran's imports and exports of natural gas with neighboring
countries are underway, managing director of the National Iranian
Gas Transmission Company Reza Almasi stated.
Reza Almasi told the IRNA News Agency that the swap of gas with
Azerbaijan, the barter of gas and electricity with Armenia, the
exports of gas to Turkey, and the imports of gas from Turkmenistan
are continuing.
Iran and Armenia signed an agreement in February 2011 on supplies of
electricity in exchange for gas. Armenia is expected to supply 2.4
billion kWh in exchange for 801 million cubic meters of Iranian gas.
Iran and Azerbaijan signed an agreement in January 2011 that allows
the former Soviet state to pump at least one billion cubic meters of
natural gas into Iran.
Iran exports an average daily amount of more than 30 million cubic
meters of natural gas to Turkey, indicating a daily growth of 11
million cubic meters compared to 2010.
Iran started importing natural gas from Turkmenistan in 1995 after
the two sides signed a 25-year contract. The contract has bound
Turkmenistan to gradually increase gas exports to Iran to 8 billion
cubic meters per year at a fixed price.
Trend
Aug 27 2012
Azerbaijan
F.Milad, Trend News Agency, Baku, Azerbaijan
Aug. 27--Iran's imports and exports of natural gas with neighboring
countries are underway, managing director of the National Iranian
Gas Transmission Company Reza Almasi stated.
Reza Almasi told the IRNA News Agency that the swap of gas with
Azerbaijan, the barter of gas and electricity with Armenia, the
exports of gas to Turkey, and the imports of gas from Turkmenistan
are continuing.
Iran and Armenia signed an agreement in February 2011 on supplies of
electricity in exchange for gas. Armenia is expected to supply 2.4
billion kWh in exchange for 801 million cubic meters of Iranian gas.
Iran and Azerbaijan signed an agreement in January 2011 that allows
the former Soviet state to pump at least one billion cubic meters of
natural gas into Iran.
Iran exports an average daily amount of more than 30 million cubic
meters of natural gas to Turkey, indicating a daily growth of 11
million cubic meters compared to 2010.
Iran started importing natural gas from Turkmenistan in 1995 after
the two sides signed a 25-year contract. The contract has bound
Turkmenistan to gradually increase gas exports to Iran to 8 billion
cubic meters per year at a fixed price.