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Tehran: Iran begins work on Armenia gas pipeline

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  • Tehran: Iran begins work on Armenia gas pipeline

    IranMania, Iran
    May 1 2005


    Iran begins work on Armenia gas pipeline

    Sunday, May 01, 2005 - ©2005 IranMania.com

    LONDON, May 1 (IranMania) - Managing director of National Iranian Gas
    Company said that executive operations of the gas export pipeline
    project to Armenia has begun, adding that the project will become
    operational by early 2007.

    Mohammad Mallaki told ISNA that the contractor of the project has
    been ascertained. `We began the project as soon as the feasibility
    studies ended and the winner of the tender took charge of the
    affairs,` he said.

    Roknoddin Javadi, who heads the National Iranian Gas Exports Company,
    further told ISNA that the gas deal with Armenia has been finalized
    and executive operations have started.

    He said studies by the Russian company Gazprom on possible gas
    exports to Armenia would have no implications on the Tehran-Yerevan
    deal.

    `Gazprom will be involved mostly in projects related to domestic gas
    supply network in Armenia,` he said.

    The official further said that a new oil swap deal has been struck
    with Azerbaijan.

    `Based on the agreement, Iran will transfer gas from Astara to
    Nakhichevan and receive the transit fee from Azerbaijan,` he added.

    High-profile talks are underway with New Delhi and Islamabad on gas
    exports to India via a pipeline crossing Pakistan.

    At present, Iran is exporting gas via pipeline only to Turkey.

    Turkey, the largest buyer of Iranian gas, began purchases totaling 4
    bln cubic meters in 2001 under a 25-year deal. It is expected to
    raise its purchase from Iran to 10 bln in 2007 from 6.689 bln in
    2005.

    Turkey is reportedly preparing to resort to international arbitration
    after negotiations failed to settle the pricing of natural gas from
    its second-biggest supplier Iran.

    The Turkish government said last year it would resort to
    international arbitration after Turkish Prime Minister Recep Tayyip
    Erdogan failed to persuade Tehran to cut prices.
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