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Iran, Armenia to Negotiate on Transfer of Electricity to Europe

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  • Iran, Armenia to Negotiate on Transfer of Electricity to Europe

    Tasnim News Agency, Iran
    Nov 10 2013


    Iran, Armenia to Negotiate on Transfer of Electricity to Europe

    November 09, 2013 - 11:07


    TEHRAN (Tasnim) - Visiting Armenian energy minister Armen Movsisyan
    announced Yerevan's readiness for completion of underway projects with
    Iran and signing contracts for new ones, but said that the two sides
    need to negotiate further on transit of Iranian electricity to Europe.
    Print

    `The final decision on transferring Iran's electricity to Europe has
    not been made yet and the matter in this respect is in need of further
    bilateral talks,' Movsisyan told the Tasnim News Agency Saturday.

    He said that Armenia is very eager to make use of Iranian technicians'
    expertise and the Iranian technology in completion of power generation
    and transmission facilities of his country.

    The visiting Armenian energy minister had a three hour meeting with
    his Iranian counterpart, Energy Minister Hamid Chitchian, last Tuesday
    on expansion of bilateral cooperation in water and electricity fields.

    Chitchian told reporters after the meeting that given Europe's rising
    demand for electricity, Iran is after exporting electricity to Europe
    through either Armenia, Azerbaijan, or Georgia.

    Movsisyan, too, had said on Tuesday that he was in Tehran for talks on
    increasing gas imports from Iran.

    The Armenian minister had told the Tasnim News Agency that increasing
    gas imports from Iran and development of bilateral relations in the
    energy sector would be the main areas of talks with the Iranian oil
    minister.

    The Armenian energy minister and his Iranian counterpart in their
    Tuesday morning meeting exchanged ideas on power generation and
    connection of regional countries' electricity networks.

    In 2004, the Armenian government initiated construction of
    Iran-Armenia gas pipeline.

    The pipeline started operating in 2007. Armenia uses Iranian gas for
    generating electricity, which is sent to Iran - 3kilowatt/hour for 1
    cubic meter of natural gas. Under the agreement, Iran will send 36
    billion cubic meters of natural gas to Armenia for 20 years. The
    terms of the agreement can be prolonged for five years and gas import
    can be increased to 47 billion cubic meters.

    Armenia used the majority of the approximately 1.25 million cubic
    meters per day of Iranian natural gas it imported to produce
    electricity at the Hrazden power plant. Initially, Armenia was to
    receive 3 million cubic meters per day of gas from Iran, with volumes
    slated to increase to 6.2 million meters by 2019 as part of the
    ongoing 20-year contract agreed to in May 2004. However, reported
    volumes have thus far failed to reach these targets.

    http://www.tasnimnews.com/English/Home/Single/187976

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