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Tehran: Iran to export gas to Armenia after Yerevan readiness

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  • Tehran: Iran to export gas to Armenia after Yerevan readiness

    From: Sebouh Z Tashjian <[email protected]>
    Subject: Tehran: Iran to export gas to Armenia after Yerevan readiness

    Tehran Times, Iran

    September 22, 2007

    Iran to export gas to Armenia after Yerevan readiness

    TEHRAN (PIN) -- The managing director of National Iranian Gas Company
    (NIGC) said the country would export gas to Armenia whenever Yerevan
    voiced its readiness.

    Seyyed Reza Kassaeizadeh told PIN pipelines and facilities for
    transmission of gas to Armenia had been installed in Iran and some
    three million cubic meters of commodity would be exported to Armenia
    per day.

    `There is no problem concerning the transfer of gas to Armenia,' said
    the official, reiterating that the country was waiting for the
    Armenian party's preparedness.

    The National Iranian Gas Export Company (NIGEC) managing director had
    already announced Iran would launch its gas exports to Armenia by
    September 22. Nosratollah Seifi added, `According to the latest
    negotiations with Armenia, Iran has completed pipe-laying operations
    and Armenia is ready to import gas.'

    Iranian President Mahmud Ahmadinejad and his Armenian counterpart
    Robert Kocharian opened the pipeline's first section at a ceremony
    near the border.

    Under the first stage of the project, Iran will annually export some
    400 million cubic meters of gas, which will be increased up to 3.2
    billion cubic meters when the 141-kilometer link is completed.

    The 100-kilometer Iranian section runs from Tabriz to Iran-Armenia
    border. The Armenian section runs from Meghri region to Sardarian.

    According to preliminary estimates, about 90-100 million dollars was
    allocated for construction works in Armenia and Iran earmarked about
    120 million dollars for construction activities on its territory.

    Pointing to electricity export, he said that the side's plan is to
    increase its capacity for importing power from Iran.

    Referring to exports of five million tons of Iran's LNG to India, he
    announced that the contract was signed two years ago and now the
    Economic Council does not agree with the price, hence, it should
    revise the case

    ------------
    Trade tariffs

    In the meantime, head of Iran-Armenia Joint Chamber of Commerce
    announced that the sides' trade tariffs would decrease to help grow
    bilateral economic cooperation.

    Levon Aharonian told MNA that the tariffs of some products would slump
    to zero.

    Despite the sides' high economic potentials, the trade volume valued
    at about 200 million dollars is not desirable and has to reach one
    billion dollars per annum.

    He referred to construction of Aras 170MW hydroelectric power plant,
    establishment of railway linking the two states, and transmission of
    power to Armenia and Georgia, predicting a rising trade volume for the
    countries.

    The sides made the decisions in the seventh session of the
    Iran-Armenia Joint Economic Cooperation Commission in Yerevan.

    The commission was chaired by Iranian Foreign Minister Manuchehr
    Mottaki and Armenian Energy Minister Armen Movsisyan.

    The commission discussed cooperation in the areas of trade, energy,
    health, transportation, science, and culture

    From: Emil Lazarian | Ararat NewsPress
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