CONSTRUCTION OF IRAN-ARMENIA GAS PIPELINES’ SECOND SECTION UNDER WAY
Arminfo
19 Mar 07
Yerevan, 19 March: A total of 150m dollars will be invested in the
construction of the Iran-Armenia gas pipeline’s second section, the
chief engineer of the Armenian-Russian joint HayRusgasard company,
Ashot Hovsepyan, told journalists today.
He said that the company will allocate the funds itself. Hovsepyan
pointed that the construction of the second section, extending for 100
km from Kajaran to Ararat, has already started. In the best scenario,
the construction will be completed in 2008, which will allow Armenia
to receive 2.3bn cu.m. of natural gas from Iran a year.
The first section of the gas pipeline was opened today. Through it
Armenia will receive up to 450m cu.m. of natural gas per year.