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Russia, Georgia, Iran benefit from Iran-Armenia gas pipeline -Armeni

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  • Russia, Georgia, Iran benefit from Iran-Armenia gas pipeline -Armeni

    Russia, Georgia, Iran benefit from Iran-Armenia gas pipeline - Armenian president

    Mediamax news agency
    21 May 04

    Yerevan, 21 May: President Robert Kocharyan announced that "all will
    benefit from the implementation of the project of the Iran-Armenia
    gas pipeline, except those, who do not wish Armenia well".

    As Mediamax news agency reported, Robert Kocharyan said this on 20 May,
    in an interview with Armenian Public TV.

    The Armenian president recalled that the Iranian side has gas and it
    [Iran] has shortages of electrical generating capacities. Robert
    Kocharyan said that delivering gas to Armenia, Iran will receive
    in exchange electric power, which it needs. He recalled that at the
    present time there is surplus of electrical generating capacitiy. He
    said that the thermal power stations are operating at 20-25 per cent
    of capacity.

    "As far as the Russian companies are a major part of our our energy
    system, so they will also benefit. On the other hand, the volume of
    delivery of Russian gas will not be cut - consumers are continuing
    to use the Russian gas, as it is cheaper. Apart from this, the
    capacity of the Iran-Armenia pipeline does not leave space for other
    transactions. Russia, through its companies, will be secure in that
    our energy system is seriously expanding. In case of an accident
    with the pipelines we shall be always able to ensure a stable gas
    supply to the country. This stability is profitable for Georgia too,
    because in the winter months we are supplying it with electricity,"
    Robert Kocharyan said.
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