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Iran-Armenia Gas Pipeline To Expand

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  • Iran-Armenia Gas Pipeline To Expand

    IRAN-ARMENIA GAS PIPELINE TO EXPAND

    PRESS TV
    Fri, 12 Sep 2008 09:39:50 GMT

    Armenia's Minister of Energy Armen Movsisyan says the capacity
    of Iran-Armenia gas pipeline project will increase to 2.5 billion
    cubic meters.

    This would become feasible by increasing the capacity at the
    Kadzharan-Yerevan section of the pipeline by November of 2008, Armen
    Movsisyan said according to Interfax.

    Mosvsisyan noted the main construction work on this section of the
    pipeline is already completed and its testing will be initiated soon.

    The Iran-Armenia gas pipeline project officially opened on March 19,
    2007 by Iranian President Mahmoud Ahmadinejad and Armenian President
    Robert Kocharian and would provide Armenia with an alternative to
    the gas it now imports from Russia.

    The 140-km pipeline is estimated to cost of $220 million for the
    two countries.

    Based on the signed agreement between the two countries, for each
    cubic meter of Iranian gas, Armenia will return 3 kilowatt hours of
    electricity to Iran.

    In case of suspension or limitations of Russian gas export to Armenia,
    the country may commence importing gas from Iran before beginning of
    the regular supply of the Iranian gas, the Minister said.
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