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Armenia-Iran Energy Cooperation May Expand If Iranian Nuclear Issue

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  • Armenia-Iran Energy Cooperation May Expand If Iranian Nuclear Issue

    ARMENIA-IRAN ENERGY COOPERATION MAY EXPAND IF IRANIAN NUCLEAR ISSUE SOLVED - EXPERT

    YEREVAN, March 31. /ARKA/. Settlement of the Iranian nuclear issue
    may facilitate expansion of Armenia-Iran energy cooperation, expert
    Rudik Yaralyan said.

    There is potential for further development of cooperation with Iran
    in various fields, including energy, and the settlement could provide
    additional opportunities, Yaralyan told a press conference on Tuesday.

    Iran and six world powers (five permanent UN Security Council members
    and Germany) are currently holding another round of talks trying to
    break an impasse in nuclear negotiations in Lausanne, Switzerland.

    Officials warned that deep disagreements remained on several points
    but said the two sides had been closing in on a preliminary deal
    that could be summarized in a brief document which may or may not be
    released, according to Reuters.

    Yaralyan said the political document was expected to be initialed by
    March 31 to serve as a basis for the final agreement.

    According to Yaralyan, dates are manipulated and an attempt is
    made to put additional pressure on Iran and create an atmosphere of
    inevitability to make a decision within the deadlines.

    The Iranian nuclear issue is directly connected with the processes
    in the region, the expert said. Oil price stabilization is a serious
    challenge today, he said. If the issue is settled, Iran, as an oil
    exporting country, may start playing a major role in the region,
    Yaralyan said.

    Armenia and Iran have built quite friendly relationship and have been
    implementing major economic projects over the last years. Yerevan and
    Tehran intend to build the two most powerful hydro power plants in the
    South Caucasus, with annual output of 793 million kilowatt/hour each.

    The countries have considered also the possibility of building together
    an oil pipeline and a refinery; the project is frozen for the time
    being though.

    The joint Iran-Armenia project of North-South road construction will
    give Armenia an alternate way out from the region. The only way
    connecting Armenia with the outer world today is via rail through
    Georgia. -0--

    http://arka.am/en/news/economy/armenia_iran_energy_cooperation_may_expand_if_iran ian_nuclear_issue_solved_expert/#sthash.iUWYuwUh.dpuf

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