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Iran Started Supplying Gas To Armenia

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  • Iran Started Supplying Gas To Armenia

    IRAN STARTED SUPPLYING GAS TO ARMENIA

    /PanARMENIAN.Net/
    14.05.2009 18:51 GMT+04:00

    /PanARMENIAN.Net/ Iran has started delivering gas to Armenia in
    exchange for electric power supply, Press Service of Energy and
    Natural Resources Ministry reports.

    According to the report, the Iranian delegation headed by Director
    of National Gas Export Company Sayyed Reza was on a visit to Armenia
    from 11 to 13 May. The goal of the visit was the launch of "Gas for
    Electric Power" project.

    During the meeting, group members introduced discussion
    reasults. Parties signed four-way agreement on "Coordinating the
    Process of Exchanging Electric Power for Gas".

    Armenian signatories to the document were Heads of Yerevan Thermo
    Electric Station CJSC and Vorotan Cascade Hydro Power Station. The
    Iranian signatories were Heads of National Gas Export Company and
    Tavanir company.

    In 2004, RA Government launched Iran-Armenia gas pipeline construction
    with the purpose of extending natural gas supply resources and opening
    second technological route to Armenia.

    So far, Armenia has received only Russian gas via transit route in
    Georgia. Monopoly right for gas delivery and consumption belonged to
    Armrosgazprom CJSC.
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