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Iran-Armenia Gas Pipeline To Boost Capacity To 2.5 Bln Cubic Meters

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  • Iran-Armenia Gas Pipeline To Boost Capacity To 2.5 Bln Cubic Meters

    IRAN-ARMENIA GAS PIPELINE TO BOOST CAPACITY TO 2.5 BLN CUBIC METERS AS OF NOV

    Interfax
    Sept 10 2008
    Russia

    The Iran-Armenia gas pipeline's capacity will increase to 2.5 billion
    cubic meters a year as of November 2008, Armenia's Energy and Natural
    Resources Minister Armen Movsisyan told journalists on Wednesday.

    He said that this was possible owing to an increase in the capacity
    at the Kadzharan-Yerevan section of the pipeline. Movsisyan added
    that the main construction work on this section had already been
    completed and testing would soon commenced there.

    Movsisyan also said that if necessary Armenia could use Iranian
    gas until the start of regular supplies [according to an agreement
    between the two countries, supplies should start at the beginning of
    2009]. This would happen if Russian gas supply to Armenia is either
    limited or suspended for any reason.

    He added that the Iran-Armenia gas pipeline is an alternative route to
    the northern trunk pipeline, through which Armenia currently receives
    gas from Russia via Georgian territory.

    In accordance with the agreement, as of 2009, Iran will supply Armenia
    with 1.1 billion cubic meters of gas a year. This supply will increase
    to 2.3 billion cubic meters as of 2019. Armenia will pay for this
    gas with electricity at 3-kilowatt hours per cubic meter. Surplus
    gas could be used to meet Armenian needs.

    CJSC ArmRosgazprom is the general contractor for the construction of
    the Iran-Armenia gas pipeline.

    From: Emil Lazarian | Ararat NewsPress
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