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Armenia UPS Natural Gas Imports From Iran 6% In 2012

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  • Armenia UPS Natural Gas Imports From Iran 6% In 2012

    ARMENIA UPS NATURAL GAS IMPORTS FROM IRAN 6% IN 2012

    Interfax, Russia
    Feb 26 2013

    Armenia boosted natural gas imports from Iran by 6% to 488.3 million
    cubic meters in 2012, the Public Services Regulatory Commission of
    Armenia reported on its website.

    Armenia imported 460 million cu m of Iranian gas in 2011 and 400
    million cu m in 2010.

    Iran delivers natural gas to Armenia for CJSC Yerevan Thermal Power
    Plant in exchange for electricity at a ratio of 1 cu m of gas per
    3 kilowatt hours (kWh) of power. As per the agreement between the
    two countries, Iran can deliver up to 1.1 billion cubic meters (bcm)
    of gas to Armenia a year (around 3 million cu m a day). Starting in
    2014, it can send Armenia up to 2.3 bcm of gas a year.

    As a whole, Armenia imported 2.456 bcm of natural gas last year,
    including 1.967 bcm from Russia. It imported 2.069 bcm of gas in 2011
    (1.609 bcm from Russia).

    The monopoly gas supplier to Armenia is ArmRosGazprom, 80% of which
    belongs to Russian gas giant Gazprom (RTS: GAZPEnhanced Coverage
    LinkingRTS: GAZP -Search using:Company ProfileNews, Most Recent
    60 DaysCompany Dossier), and 20% of which belongs to the Armenian
    government.

    Eb

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