6.5 KM TRENCH IS DUG AT ARMENIAN SECTION OF IRAN-ARMENIA GAS PIPELINE
YEREVAN, JUNE 10. ARMINFO. 6.5 km trench has been dug at the first
section of Iran-Armenia gas pipeline from Meghri to Kajaran since the
beginning of this year, Director General of “ArmRosgasprom” CJSC
Karen Karapetyan stated journalists at today’s seminar dedicated to
issues of gas market development in Armenia.
In his words, the works at 41 km Armenian section will be completed
in time and Iranian gas will come in Armenia from January 1, 2007.
This project costs $140-170 mln, he informed. As regards the
possibility to widen the gas pipeline to transit, this project costs
$400 mln: it is unreal at present because of absence of financing
sources.
Karapetyan regards skeptically to financial participation of Georgia
in this project interested earlier in construction of transit line of
Iranian gas in Armenia’s and Georgia’s territory to Europe.
To note, 41 km Meghri-Kajaran section is constructed by $30 mln
Iranian credit. Construction works should be completed by Jan 1,
2007. In the beginning Iran should supply in Armenia 1.1 bln cubic
meter of gas annually, and 2.3 bln cubic meter annually since 2019.
The agreement will last 20 years. -r-