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Iran to start gas transfers to Armenia in Jan 2007

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  • Iran to start gas transfers to Armenia in Jan 2007

    Payvand, Iran
    Dec 16 2006


    Iran to start gas transfers to Armenia in Jan 2007


    Tehran, Dec 16, IRNA-Iran is to begin piping gas to Armenia in
    January 2007, the executor of the gas pipeline project of Iran's Gas
    Engineering and Development Company, Mohammad-Reza Lorzadeh, said on
    Saturday.

    Speaking to reporters, he said the pipeline will be inaugurated in
    January 2007, putting into effect an agreement already reached
    between Iranian and Armenian officials to reduce time needed for
    implementation of the project from 930 days to 650 days.

    He added that although the 650-day deadline has still to be reached,
    the project is nearly 96 percent implemented.

    He said the first shipment of the pipes imported for the project
    arrived in Iran in September 2005.

    The official placed the total value of the project at Rls 550-600
    billion.

    The pipeline agreement, signed between Armenia and the Iranian
    company `Payandan', stipulated that the project was to be implemented
    on an EPC (engineering, procurement and construction) basis, he said.


    The agreement further stipulated that the gas pipeline was to be
    implemented through two projects in Iran -- the first requiring
    construction of a pipeline from the northwestern city of Tabriz to
    Aras River on the border of Iran and Armenia and the second
    construction of a pipeline beneath the Aras River coastline.

    He further said the pipeline would have a total length of 115
    kilometers.

    Completion of the project will enable Iran to export three million
    cubic meters of gas to Armenia per day.

    Lorzadeh said the project was aimed at opening a gateway for export
    of Iranian gas to Europe.
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