Iran-Armenia Gas Pipeline Can Upset Energy and Economic Balance InRe

IRAN-ARMENIA GAS PIPELINE CAN UPSET ENERGY AND ECONOMIC BALANCE IN REGION, TURKISH PARTY CONSIDERS

07.04.2005 06:30

/PanARMENIAN.Net/ The Zaman Turkish newspaper has published an article
on the issues of the building and prospects of using Iran-Armenia
gas export pipeline. According to the data in the article, the gas
pipeline project was worked out in 1992, the agreement on its building
being signed in 1995. The pipeline is expected to begin operation in
the beginning of the next year. The length of the Iranian part of the
pipeline is 100km, the Armenian â~@~S 41km. The estimated cost of
the project makes $220 million. Article author Ferket Ortan, who is
international political correspondent says that after the realization
of the project the energy and economic balance in the region that
is close to Turkey can change. There is also a project of extending
the gas pipeline till Supsa Georgian port, then to Feodosia Ukrainian
city along the ground of the Black Sea and transiting to the European
countries via Ukraine. Ukraine and the EU are highly interested in
diversification of gas sources and actively support the project. Russia
naturally is against the project of extension of the gas pipeline. The
author noted that «the realization of the project will result in
approach of its participants (Iran, Armenia, Georgia and Ukraine)
with the EU and changing the balance in the region, where Turkey is
also situated. It is an important circumstance and it is desirable
for Turkey to know it beforehand,» Iran. ru reported.

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