IRAN, ARMENIA, GEORGIA SIGN MOU ON SUPPLY OF ELECTRICITY
Islamic Republic News Agency, Iran
Sept 30 2006
Energy ministers of Iran, Armenia and Georgia signed a memorandum of
understanding (MoU) in Yerevan on Saturday on an agreement for supply
of electricity.
The three ministers in the MoU stressed the importance of boosting
their tripartite cooperation in the field of energy.
Iranian Energy Minister Parviz Fattah said that based on the MoU Iran
would supply electricity to Georgia via Armenia and vice-versa.
He said that Iran will transfer some 50mw of electricity to Georgia
within the next two to three months while Georgia would transfer the
same amount in spring.
The Iranian minister said that the exchange of electric power would
be increased to 350mw in the next two years.
He said that some 800mw of electricity have been imported into the
country from Georgia this summer, adding that Iran now has the capacity
to produce electricity more than domestic demand which it can export.