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TEHRAN: Armenia-Iran Gas Pipeline To Open

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  • TEHRAN: Armenia-Iran Gas Pipeline To Open

    ARMENIA-IRAN GAS PIPELINE TO OPEN

    IranMania News, Iran
    March 19 2007

    LONDON, March 19 (IranMania) - Iranian President Mahmoud Ahmadinejad
    and his Armenian counterpart will formally open the first stretch of
    a natural gas pipeline Monday in Armenia, a landlocked country that
    relies on Russia for most of its gas, AP reported.

    Ahmadinejad and Armenian President Robert Kocharian will open the
    25-mile section in the town of Meghri, just over the border from Iran.

    Under the first stage of the project, Iran is to deliver up to 14 bln
    cubic feet of gas a year. When the pipeline is completed and extends
    to the capital, Yerevan, the volume could rise to 88 bln cubic feet
    a year.

    The project was launched in 2004 after more than a decade of
    negotiations.

    Russia, which supplies most of Armenia's gas, had objected to the
    project. Armenian officials said last year they were discussing the
    prospect of Russia's natural-gas monopoly Gazprom purchasing the
    Armenian section of the pipeline from Iran.

    Armenia has developed its relations with Iran amid economic troubles
    caused by the closing of its borders with Turkey and Azerbaijan in
    the wake of the conflict over Nagorno-Karabakh, a region of Azerbaijan
    occupied by Armenian and ethnic Armenian Karabakhi forces.

    Iran also has sought projects and influence in other parts of the
    former Soviet Union, mostly in Central Asia.

    Last year, Ahmadinejad opened an Iranian-financed tunnel improving
    connections between impoverished Tajikistan's north and the capital
    region. Tehran has focused mostly on transport and infrastructure
    projects and restoring historically close cultural ties.
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