Armenia to sign gas agreement with Iran
RosBusiness Consulting
May 12 2004
RBC, 12.05.2004, Yerevan 16:10:45.Iranian Petroleum Minister
Bijan Namdar-Zanganeh will arrive in Armenia on a one-day visit.
According to the press service of the Armenian Energy Ministry, the
main aim of the visit is to sign an agreement on constructing the
Iran-Armenia gas pipeline. Namdar-Zanganeh will meet with Armenian
President Robert Kocharian and Prime Minister Andranik Markarian.
The length of the pipeline will amount to 141km. It is planned
to start the construction this year and to finish it in 2006. The
cost of the project has been estimated as $120m. At the first stage,
it is planned to receive some 700m cubic meters of gas from Iran with
later up to 1.5bn cubic meters.
Armenian authorities deny the possibility of transit of Iranian
gas to Europe through Armenia since this project implies “certain
difficulties”.
From: Emil Lazarian | Ararat NewsPress