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TBILISI: The Iran-Armenia Gas Pipeline: Unfinished But Already InGaz

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  • TBILISI: The Iran-Armenia Gas Pipeline: Unfinished But Already InGaz

    By M. Alkhazashvili

    The Messenger, Georgia
    April 26 2006

    The Armenian Minister of Foreign Affairs Vardan Oskanian is not
    ruling out the sale of the Iran-Armenia gas pipeline to Russia,
    he stated in Yerevan on April 20.

    Although he added that, "talking of the fate of the gas pipeline is
    ridiculous because it has yet to be constructed." Oskanian thinks
    that it would be more logical if there is a discussion about who
    will invest in the construction of this state asset as they could
    then become the owner the newspaper Rezonansi reports.

    The Armenian Minister of Energy Armen Movsisian stated that the
    construction of the Iran-Armenia gas pipeline has not been finished
    yet and accordingly it is not a corporate enterprise of which shares
    can be sold.

    However the Armenian Ex-Premier Vazgen Manukian once mentioned that
    a 45 kilometer part of the pipeline had already been sold, although
    Armenian governmental representatives rejecting the claim that they
    are planning to sell the pipeline to Russian Gazprom.

    On April 6, 2006 Gazprom published information about a 25 year-term
    agreement, which had been drawn up and signed between Armenia
    and Gazprom. According to one of the articles of the agreement,
    the Armenian side takes responsibility for the sale of the 40
    kilometer-long segment of the Iran-Armenia pipeline, which is currently
    under construction as well as the 5th energy unit of Hrazdan Thermal
    Power Station to the joint company ArmRosgasprom, Regnum reports.

    Later, however, Gazprom spread a new round of information in which
    nothing was mentioned about the gas pipeline.

    The total length of the Armenian section of the Iran-Armenia pipeline
    is 141 kilometers. The price of the project totals some USD 120
    million and the pipeline's construction should be completed by 2007.