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Tasnim News Agency, Iran
Oct 19 2014
Iran, Armenia Seeking to Boost Gas, Electricity Trade
October 18, 2014 - 16:20
TEHRAN (Tasnim) - Armenian energy minister plans to hold talks with
his Iranian counterpart today as part of the two neighboring
countries' efforts to boost electricity for gas trade, based on which
Iran supplies gas to Armenia and receives electricity.
Iranian Energy Minister Hamid Chitchian and his Armenian counterpart
Armen Movsisyan are scheduled to meet in Tehran and explore ways for
boosting the amount of gas and electricity trade.
In May 2009, Iran and Armenia started trading gas and electricity.
According to a contract previously signed between the two countries,
Iran was planned to supply gas to Armenia until 2029 with or without
exchanging electricity with the country.
Speaking to the Tasnim News Agency, Iran's Deputy Energy Minister
Houshang Falahatian said that the amount of gas that has been exported
to Armenia and an amount of electricity imported from the country did
not match the agreed amount based on the contract between the two
sides.
"Recently, we held meetings with Armenian officials and based on
agreements, we are constructing new power transmission lines (from
Armenia to Iran)," he noted, adding that the financial resources for
the new transmission line have been supplied by Export Development
Bank of Iran.
He noted that the new lines will prepare the ground for growth in
energy trade between the two neighboring countries.
Oct 19 2014
Iran, Armenia Seeking to Boost Gas, Electricity Trade
October 18, 2014 - 16:20
TEHRAN (Tasnim) - Armenian energy minister plans to hold talks with
his Iranian counterpart today as part of the two neighboring
countries' efforts to boost electricity for gas trade, based on which
Iran supplies gas to Armenia and receives electricity.
Iranian Energy Minister Hamid Chitchian and his Armenian counterpart
Armen Movsisyan are scheduled to meet in Tehran and explore ways for
boosting the amount of gas and electricity trade.
In May 2009, Iran and Armenia started trading gas and electricity.
According to a contract previously signed between the two countries,
Iran was planned to supply gas to Armenia until 2029 with or without
exchanging electricity with the country.
Speaking to the Tasnim News Agency, Iran's Deputy Energy Minister
Houshang Falahatian said that the amount of gas that has been exported
to Armenia and an amount of electricity imported from the country did
not match the agreed amount based on the contract between the two
sides.
"Recently, we held meetings with Armenian officials and based on
agreements, we are constructing new power transmission lines (from
Armenia to Iran)," he noted, adding that the financial resources for
the new transmission line have been supplied by Export Development
Bank of Iran.
He noted that the new lines will prepare the ground for growth in
energy trade between the two neighboring countries.