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BAKU: Iran Launches Gas Exports To Armenia

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  • BAKU: Iran Launches Gas Exports To Armenia

    IRAN LAUNCHES GAS EXPORTS TO ARMENIA

    APA
    May 14 2009
    Azerbaijan

    Baku - APA-ECONOMICS Iran has started pumping 2 million cubic
    metres a day to Armenia from May 13c reported EuropeE~Ys BNE portal
    (www.businessneweurope.eu).

    Under a 20-year contract signed in 2004, the volume of exports could
    be increased to 4 million cubic metres a day in 2011, and may be
    increased to 6.3 million cubic metres in future.

    Armenia will use the gas to generate electricity, some of which will
    be delivered back to Iran in exchange for the gas imports.
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