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ArmRosgazprom Considering Opportunity to Import Iranian Gas in Armen

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  • ArmRosgazprom Considering Opportunity to Import Iranian Gas in Armen

    Fars News Agency, Iran
    June 8 2013


    ArmRosgazprom Considering Opportunity to Import Iranian Gas in Armenia


    TEHRAN (FNA)- ArmRosgasprom company is ready to consider opportunities
    for purchasing Iranian gas to provide Armenia with alternative imports
    of natural gas, Vardan Harutyunyan, CEO and head of the ArmRosgazprom
    company's board, said.

    If Iranian gas is cheaper than the Russian, then the company may do
    it, he said.

    Armenian Prime Minister Tigran Sargsyan had earlier said Armenia
    doesn't buy natural gas from Iran after Russia raised its price
    because Iranian gas is still more expensive than Russian supplies.

    In 2004, the Armenian government initiated construction of
    Iran-Armenia gas pipeline.

    The pipeline started operating in 2007. Armenia uses Iranian gas for
    generating electric power, which is sent to Iran - 3kilowatt/hour for
    1 cubic meter of natural gas.

    Under the agreement, Iran will send 36 billion cubic meters of natural
    gas to Armenia for 20 years.

    The terms of the agreement can be prolonged for five years and gas
    import can be enlarged to 47 billion cubic meters.

    The Public Services Regulatory Commission's decision to increase
    consumer prices for natural gas took force today.

    It mean consumers using up to 10,000 cubic meters of natural gas per
    month will be paying 156 thousand drams, including VAT, for one
    thousand cubic meters, up from former 132,000 drams.

    ArmRosgazprom CJSC, established in 1997, enjoys the sole right for
    importing and distributing Russian natural gas in Armenia. Russia
    conveys its gas to Armenia through Georgia. The company's shareholders
    are Russia's Gazprom and the Armenian government. ($1 - AMD 414.92).

    http://english.farsnews.com/newstext.php?nn'03180202


    From: Baghdasarian
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