Announcement

Collapse
No announcement yet.

Iran, Armenia stress development of energy ties

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Iran, Armenia stress development of energy ties

    Press TV, Iran
    Nov 2 2013

    Iran, Armenia stress development of energy ties


    Iranian Minister of Energy Hamid Chitchian and Armenian Deputy
    Minister of Energy and Natural Resources Ara Simonyan have stressed
    the development of cooperation in the energy sector.


    The two officials called for the further expansion of energy ties
    during a Saturday meeting on the sidelines of the 44th session of the
    Commonwealth of Independent States (CIS) Electric Power Council in the
    Russian capital Moscow.

    Pointing to the high level of political relations between the two
    neighboring countries, the Iranian minister said that the condition
    was favorable for the expansion of ties in the energy sector.

    He said that Iran was determined to develop ties with Armenia and
    added, `We believe that under the current circumstances cooperation
    between the two countries can be further developed in the fields of
    oil, gas and electric energy.'

    Simonyan, for his part, said that Iran and Armenia enjoy very close
    cooperation and added Yerevan attaches great significance to its ties
    with Tehran.

    We can increase bilateral relations through cooperation, he said,
    calling for the implementation of agreements between the two countries
    to help the development of ties.

    He expressed hope that Iran-Armenia ties would gain momentum under the
    tenure of Iranian President Hassan Rouhani.

    Iran and Armenia have taken major strides towards promoting their
    mutual relations over the recent years, particularly in the energy
    sector.

    Iran has bartered more than 1.5 billion cubic meters of gas with
    Armenia's electricity over the past six years.

    The National Iranian Gas Company (NIGC) said recently that around 1.5
    billion cubic meters (bcm) of natural gas has been traded with
    Armenian electricity during the 2007-2012 period.

    Last year, the Islamic Republic exchanged some 481 million cubic
    meters (mcm) of gas with the neighboring country's electricity, the
    largest amount of bartering between Iran and Armenia in six years.

    AR/HGH

Working...
X