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Yerevan has not yet received proposals from Gazprom to acquire Iran-

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  • Yerevan has not yet received proposals from Gazprom to acquire Iran-

    Yerevan has not yet received proposals from Gazprom to acquire Iran-Armenia pipeline

    Regnum, Russia
    July 10 2006

    The Armenian side has not received any proposals from Gazprom
    concerning acquiescence of the Iran-Armenia gas pipeline,
    which construction is now underway, spokeswoman for the Armenian
    Energy Ministry Lusine Arutyunyan is quoted as saying by a REGNUM
    correspondent. According to her, the ministry received no proposals
    and has no talks concerning sale of the pipeline. Commenting on a
    recent statement of Gazprom Deputy CEO Alexander Ryazanov, who said
    the company was intending to buy the pipeline, spokeswoman for the
    Armenian energy ministry noted, "it was probably an intention by the
    company itself."

    It is worth reminding, late June Gazprom deputy CEO announced that
    the company intended to buy the Iran-Armenia pipeline. According to
    him, putting the pipeline into operation would let secure stable gas
    supplies in Armenia. "There are problems with gas transit to Armenia
    via Georgia, as Georgia presumes unsanctioned pumping out of gas,"
    Ryazanov said.

    The Iran-Armenia pipeline is supposed to be put into operation in
    the end of this year. The pipeline that connects Iran and Armenia
    has a diameter of 700 mm, and its estimated capacity is 1.2 bln cubic
    meter of gas per year. The project of constructing the Iran-Armenia
    pipeline 141 km long has estimated cost of $120 million.
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