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Iran-Armenia: First Stretch Of Gas Pipeline Opened

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  • Iran-Armenia: First Stretch Of Gas Pipeline Opened

    IRAN-ARMENIA: FIRST STRETCH OF GAS PIPELINE OPENED

    AKI, Italy
    March 19 2007

    Tehran, 19 March (AKI) - Iranian president Mahmoud Ahmadinejad
    and his Armenian counterpart Robert Kocharian opened on Monday the
    first Armenian part of a natural gas pipeline connecting the two
    countries.The two presidents inaugurated the first 40 kilometre stretch
    of the pipeline in the border town of Meghri. Under the project,
    which was launched in 2004 and has so far cost 200 million dollars,
    Iran will at first deliver 400 million cubic metres of gas a year
    which should rise to 2.5 billion once the project is completed.

    Armenia will in exchange reportedly provide electricity to Iran.

    During the inauguration, Ahmadinejad said the pipeline is a "symbol of
    the deep friendship which ties Iran, an Islamic country, to Armenia,
    a Christian country."

    Armenia is Iran's main political and economic partner in the Caucasus.
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