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New round of Iran, Armenia electricity negotiations

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  • New round of Iran, Armenia electricity negotiations

    Mehr News Agency (MNA), Iran
    October 18, 2014 Saturday

    New round of Iran, Armenia electricity negotiations


    TEHRAN, Oct. 18 (MNA) - The new round of electricity negotiations
    between Iran and Armenia, attended by the two countries' ministers of
    power and energy, will take place in Tehran on Saturday.

    The negotiations which will be held in Tehran Saturday afternoon are
    set to focus on construction of a joint power plant at border, an
    increase in electricity and gas purchase, and establishing a new line
    of energy transfer in Tehran.

    Last year in November, the visiting Armenian energy minister had a
    meeting with his Iranian counterpart, Hamid Chitchian, on expansion of
    bilateral cooperation in water and electricity fields. During this
    meeting the two countries laid the basis for the preliminary
    agreements and now the new round of talks will resume to see to the
    completion of underway projects.

    Another issue discussed during that meeting in 2013 was the export of
    Iran's electricity to Russia through Armenia, Azerbaijan or Georgia.

    Early this summer, Armenian energy minister Armen Movsisyan had
    announced that Yerevan was ready to purchase about 2 billion cubic
    meters per year of Iranian natural gas.

    In 2004, the Armenian government initiated construction of
    Iran-Armenia gas pipeline.The pipeline started operating in 2007.
    Armenia uses Iranian gas for generating electricity, 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 increased to 47 billion cubic meters.



    From: Emil Lazarian | Ararat NewsPress
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