TREND, Azerbaijan
June 30 2006
Gazprom intending to buy Iran-Armenia pipeline
Source: Trend
Author: À.Mammadov
30.06.2006
(RIA Novosti) – Gazprom plans to buy an Iran-Armenia pipeline
currently under construction, a deputy chairman of the Russian energy
giant said Friday.
"Indeed, we intend to acquire this gas pipeline," Alexander Ryazanov
told an annual shareholders’ meeting, reports Trend.
He said the pipeline, with a projected annual capacity of 1.2 billion
cubic meters, would be commissioned in 2007.
Ryazanov said putting the new facility on stream would help provide
more reliable supplies of natural gas to Armenia, which presently
receives its gas through Georgia.
"There are problems with the transit of gas to Armenia via Georgia,
as Georgia taps some of the gas," he said.