SECOND SECTION OF IRAN-ARMENIA GAS PIPELINE TO BE READY IN JANUARY 2009
ArmInfo News Agency, Armenia
Sept 27 2007
ArmInfo. Construction of the second Kajaran-Ararat section of
Iran-Armenia gas pipeline will be completed in January 2009 instead
of the late 2008 as it was announced earlier. The Government made a
relevant decision Thursday, governmental press release says.
In order to meet the schedule, the government instructed
CJSC ArmRusgasprom to carry out construction and design works
simultaneously on the basis of the resolution on the project’s
ecological examination. The government approved the length of the
section and safety areas of 197.4 km and 987 ha in total. The
ministries and departments interested were instructed to study
the project and make proposals in case of ecological necessity or
compensation of possible damage to land owners.
Kajaran-Ararat section will allow increasing the carrying capacity of
Iran-Armenia gas pipeline from annual 450 million cubic meters to 2.3
billion cubic meters. Iran will supply Armenia with 1.1 billion cubic
meters of gas annually starting from 2009 and about 2.3 billion cubic
meters of gas from 2019 annually. Armenia will pay for gas in terms
of electricity i.e. 3 kW/h per 1 cubic meter. Under the investment
program of CJSC ArmRusgasprom, which is the general contractor of
Kajaran-Ararat section, will invest about 52 billion drams or $154
million (by current exchange rate) in the project.