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BAKU: Iran, Armenia underline maintaining bilateral energy relations

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  • BAKU: Iran, Armenia underline maintaining bilateral energy relations

    Trend, Azerbaijan
    June 3 2012


    Iran, Armenia underline maintaining bilateral energy relations


    The Islamic Republic of Iran and Armenia have underscored the
    importance of maintaining their bilateral cooperation, particularly in
    the field of energy, Press TV reported.

    The issue was underlined in a meeting of Iranian Energy Minister Majid
    Namjou with Armenian President Serzh Sargsyan in Yerevan on Saturday.

    During the meeting, Namjou submitted the invitation letter from Iran's
    President Mahmoud Ahmadinejad to the Armenian president to participate
    in the 16th Non-Aligned Movement (NAM) summit on August 26-31 in the
    Iranian capital, Tehran.

    In a separate meeting with Armenia's Energy Minister Armen Movsisian,
    Namjou voiced Iran's readiness to remove the obstacles in the way of
    the implementation of joint water and electricity projects.

    Movsisian, for his part, called for the speedy execution of the
    Iran-Armenia third power transmission line and the Araz hydroelectric
    power plant, saying "the projects serve the interests of both
    nations."

    Earlier in January, Mir Fattah Ghareh Bagh, the managing director of
    Iran Grid Management Company (IGMC), said the country's electricity
    exports to Armenia will increase upon the completion of the 400-kV
    power transfer line, which will connect Iran's electricity network to
    the Armenian city of Agarak.

    According to Iranian Deputy Energy Minister Mohammad Behzad, the new
    power transmission line aims at exporting Iran's electricity to
    Georgia, Russia and Europe.

    Iran is currently exchanging electricity with Azerbaijan, Afghanistan,
    Armenia, Iraq, Pakistan, Turkey and Turkmenistan.

    The Islamic republic seeks to become a major regional exporter of
    electricity and has attracted more than USD 1.1 billion in investments
    to build three new power plants.

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