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Iran's Gas Export To Armenia Surpasses 1.5bcm

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  • Iran's Gas Export To Armenia Surpasses 1.5bcm

    IRAN'S GAS EXPORT TO ARMENIA SURPASSES 1.5BCM

    Fars News Agency, Iran
    June 17 2013

    TEHRAN (FNA)- Iran exported more than 1.5 billion cubic meters (bcm)
    of gas to Armenia during 2007-2012 period, a report said.

    Around 1.558 billion cubic meters of gas has been traded with Armenia's
    electricity in a 6-year period from 2007 to 2012, National Iranian
    Gas Company (NIGC) reported.

    Iran exported a total of 481 million cubic meters of gas to Armenia
    in 2012.

    Last month, Armenian Minister of Energy and Natural Resources Armen
    Movsisian praised Tehran for its assistance and cooperation with his
    country in the development of Armenia's energy sector, and underlined
    that Yerevan will continue its cooperation with Tehran in the field.

    "Armenia will continue purchasing gas from Iran," Movsisian said in
    the Armenian capital of Yerevan on Tuesday.

    The Armenian minister of energy and natural resources said that
    purchase of gas from Iran takes place in accordance with a swap deal
    with the Islamic Republic in exchange for Armenia's electricity.

    Iran has long taken various diplomatic initiatives to expand its ties
    with the neighboring states.

    In recent years, Iran and its Northern neighbor Armenia have boosted
    cooperation, signed agreements on energy cooperation and agreed to
    cooperate in technology and research and to enhance ties in commerce
    and economy.

    Iranian President Mahmoud Ahmadinejad and his Armenian counterpart
    pledged in December 2011 to further expand "high-level relations"
    between their nations and, in particular, give new impetus to the
    implementation of joint energy projects that have fallen behind
    schedule.

    In early October, Iranian Foreign Minister Ali Akbar Salehi and his
    Armenian counterpart Eduard Nalbandian met at the UN Headquarters
    in New York to discuss bilateral ties and regional and international
    issues.

    http://english.farsnews.com/newstext.php?nn=9203183528

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