IRAN TO START GAS EXPORTS TO ARMENIA BY OCT. 13

PanARMENIAN.Net
06.10.2008 13:51 GMT+04:00

/PanARMENIAN.Net/ Iran will start gas exports to Armenia by October
13, the director of the gas export operation office of the National
Iranian Gas Company (NIGC) said here on Sunday.

"Armenia also started electricity export to Iran on Sunday," Rasoul
Salmani added, IRINN reported.

"Iran plans to annually export some 1.1 billion cubic meters of gas
to Armenia. In the first phase Iran will export less volume to Armenia
but will increase the export volume gradually, and in 2019 will raise
it to 2.3 billion cubic meters" he explained.

"In return Iran will annually import 3.3 billion kw/h of electricity
from Armenia," Rasuli stated.

The 100km Iranian section runs from Tabriz to the Iran-Armenia
border. The Armenian section runs from Meghri region to Sardarian.

Iran is expected to supply all of Armenia’s gas needs within the next
two years. The total outlay for the pipeline is about $28.2 million.