Asia Pulse
Dec 01, 2004

TEHRAN, Dec 1 Asia Pulse - A second line of the Iran-Armenia electricity
network with a capacity of 230 kw is due to be inaugurated today.

Iranian Energy Minister Habibollah Bitaraf and his Armenian counterpart,
Armen Movsisian, will be attending the inaugural ceremony.

"Electricity exchanges between the two countries will reach a total of 450
megawatts through this project," the managing director of the Iranian SANIR
Electricity Company said.

Alireza Kadkhodaei said that the project costs US$8.4 million.

He also announced that the two countries` energy ministers are scheduled to
sign an agreement for construction of a third line of the the two countries`
electricity network.

Meanwhile, Iran and Armenia on May 13 signed an agreement to construct a
42-km gas pipeline between the Armenian cities of Megri and Kajaran.

The project is to be inaugurated during an upcoming visit of Energy Minister
Bitaraf in Armenia.

The Iran-Armenia trade volume is expected to reach US$10 billion in the next
20 years with implementation of the above-stated project.