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BAKU: Russia's Stake In Iran Pipeline Yet To Be Studied

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  • BAKU: Russia's Stake In Iran Pipeline Yet To Be Studied

    RUSSIA'S STAKE IN IRAN PIPELINE YET TO BE STUDIED

    TREND, Azerbaijan
    Nov 14 2006

    (IranMania) - Armenia has not studied offering of any sector of
    the Iran-Armenia gas pipeline project to Russia yet, Armenian Prime
    Minister Andranik Margaryan announced, MNA reported.

    Construction of 40 km of Iran-Armenia gas pipeline by the Russian
    side has not been discussed yet, Margaryan added.

    "We are not talking about selling the pipeline to Russia. We are
    only discussing the possibility of Russia's preliminary investment
    in the project," the Persian service of ISNA quoted Margaryan as
    saying on Monday. "Everything will become clear when the project
    comes on stream."

    In late June 2006 Deputy Chair of Gazprom Board Alexander Ryazanov had
    noted that the company was going to buy the Iran-Armenia gas pipeline.

    According to him, the putting into operation of the gas pipeline
    would secure gas supplies to Armenia, reports Trend.

    Referring to the recent comments on the increase in the prices of
    Russia's gas to Armenia, the Transcaucasian nation's prime minister
    pointed out that his country had not been officially informed of the
    issue yet. Therefore, it would be better for the media not to mention
    it before it was approved by the relevant commissions.

    The Armenian official has referred to the agreement on the pipeline
    construction as a priority for the West Asian nation. Based on earlier
    planning, the pumping of Iranian gas to Armenia via the pipeline is
    expected to begin by the end of the year.
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