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ARMENIA TO IMPORT ABOUT 1BLN CUBIC METERS OF GAS FROM IRAN ANNUALLY BY MID-2014
YEREVAN, June 5./ARKA/. Armenia will be able to import nearly 1
billion cubic meters of natural gas from Iran annually by mid-2014,
replied Wednesday Armenian minister of energy and natural resources
Armen Movsisyan.
During the 2012 budget implementation talks today, the minister was
asked by Dashnaktsutyun deputy Artsvik Minasyan why Armenia imports
three times less gas from Iran than it is indicated in the bilateral
agreement which foresees 1.1-billion-cubic meter annual import.
Movsisyan said Armenia should provide Iran with electric energy in
exchange for the gas.
"However, our electricity powers don't allow us to export the energy
in big volumes without harming the system," the minister clarified.
"Also, the new high-voltage power transmission line Armenia-Iran is
not ready for commissioning yet, it is to have started functioning by
mid-2014, and at that time we will be able to import about 1 billion
cubic meters of gas from Iran exporting 3-3.5 billion kW electric
energy in exchange," the minister pointed out.
In 2004, Armenian government initiated construction of Iran-Armenia
gas pipeline to extend the gas supplies and create a second gateway
to the country. The pipeline was launched in 2007.
Iranian gas is to be converted to energy for exporting back to
Iran, 3 kilowatt hours per cubic meter of natural gas. Under
the agreement, Iran is to supply 36 billion cubic meters of
gas to Armenia over 20 years. The agreement has a provision for
possible extension for another five years, with the volume of
gas supplies to be increased to 47 billion cubic meters. -0-
http://arka.am/en/news/economy/armenia_to_import_about_1bln_cubic_meters_of_gas_f rom_iran_annually_by_mid_2014/
YEREVAN, June 5./ARKA/. Armenia will be able to import nearly 1
billion cubic meters of natural gas from Iran annually by mid-2014,
replied Wednesday Armenian minister of energy and natural resources
Armen Movsisyan.
During the 2012 budget implementation talks today, the minister was
asked by Dashnaktsutyun deputy Artsvik Minasyan why Armenia imports
three times less gas from Iran than it is indicated in the bilateral
agreement which foresees 1.1-billion-cubic meter annual import.
Movsisyan said Armenia should provide Iran with electric energy in
exchange for the gas.
"However, our electricity powers don't allow us to export the energy
in big volumes without harming the system," the minister clarified.
"Also, the new high-voltage power transmission line Armenia-Iran is
not ready for commissioning yet, it is to have started functioning by
mid-2014, and at that time we will be able to import about 1 billion
cubic meters of gas from Iran exporting 3-3.5 billion kW electric
energy in exchange," the minister pointed out.
In 2004, Armenian government initiated construction of Iran-Armenia
gas pipeline to extend the gas supplies and create a second gateway
to the country. The pipeline was launched in 2007.
Iranian gas is to be converted to energy for exporting back to
Iran, 3 kilowatt hours per cubic meter of natural gas. Under
the agreement, Iran is to supply 36 billion cubic meters of
gas to Armenia over 20 years. The agreement has a provision for
possible extension for another five years, with the volume of
gas supplies to be increased to 47 billion cubic meters. -0-
http://arka.am/en/news/economy/armenia_to_import_about_1bln_cubic_meters_of_gas_f rom_iran_annually_by_mid_2014/