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Armenia mulls increasing gas imports from Iran: Movsisyan

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  • Armenia mulls increasing gas imports from Iran: Movsisyan

    Press TV, Iran
    March 22 2014

    Armenia mulls increasing gas imports from Iran: Movsisyan


    A gas refinery in the South Pars gas field in southern Iran (file photo)
    Sat Mar 22, 2014 12:40PM GMT


    Armenian Minister of Energy and Natural Resources Armen Movsisyan says
    his country may increase gas imports from neighboring Iran.

    Movsisyan said Armenia would soon start negotiations with Iran on
    increasing gas imports from the Islamic Republic.

    Armenia is willing to buy two billion cubic meters of gas from Iran
    per annum, he added.

    The Armenian minister added that the issue of buying two billion cubic
    meters of gas would be discussed in a joint intergovernmental
    commission between the two countries on economic cooperation which
    would be held in Tehran in May.

    Iran and Armenia have taken major strides towards promoting mutual
    relations in recent years, particularly in the energy sector.

    Iran has bartered more than 1.5 billion cubic meters of gas with
    Armenia's electricity over the past six years.

    According to the National Iranian Gas Company (NIGC), around 1.5
    billion cubic meters of natural gas has been traded with Armenian
    electricity from 2007 to 2012.

    In 2012, the Islamic Republic exchanged some 481 million cubic meters
    of gas with the neighboring country's electricity, the largest amount
    of barter between Iran and Armenia in six years.

    AR/HGH/SS


    From: Baghdasarian
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