IRNA, Iran
Nov 29 2004

2nd Iran-Armenia electricity line to be launched

Tehran, Nov 29, IRNA — A second line of the Iran-Armenia electricity
network with a capacity of 230 kw is due to be inaugurated tomorrow.

Iranian Energy Minister Habibollah Bitaraf and his Armenian
counterpart, Armen Movsisian, will be attending the inaugural
ceremony.

“Electricity exchanges between the two countries will reach a total
of 450 megawatts through this project,” the managing director of the
Iranian SANIR Electricity Company said on Monday.

Alireza Kadkhodaei said that the project costs 8.4 million dollars.

He also announced that the two countries’ energy ministers are
scheduled to sign an agreement for construction of a third line of
the the two countries’ electricity network.

Meanwhile, Iran and Armenia on May 13 signed an agreement to
construct a 42-km gas pipeline between the Armenian cities of Megri
and Kajaran.

The project is to be inaugurated during an upcoming visit of Energy
Minister Bitaraf in Armenia.

The Iran-Armenia trade volume is expected to reach 10 billion dollars
in the next 20 years with implementation of the above-stated project.