GAZPROM GOING TO PURCHASE IRAN-ARMENIA GAS PIPELINE

PanARMENIAN.Net
30.06.2006 14:41 GMT+04:00

/PanARMENIAN.Net/ When addressing Gazprom stockholders at the annual
sitting Deputy Chairman of Gazprom's Management Committee Alexander
Ryazanov said Gazprom is going to purchase the abuilding Iran-Armenia
gas pipeline. In his words, the purchase of the Iran-Armenia gas
pipeline is conditioned by the necessity of raising the durability of
gas delivery to Armenia because of instability of gas delivery via
Georgia, which misappropriates some amount of gas. The gas pipeline
is likely to be put into operation in 2007, its' capacity will make
1.2 billion of cubic meters per year, reported Russian media.