IRAN TO PUMP 3 MILLION CM GAS TO ARMENIA

Moj News Agency
September 23, 2008 Tuesday
Iran

In an interview with ISNA, head of National Iranian Gas Export
Company (NIGEC), Reza Kasaeizadeh said that Iran is able to pump 2
million cubic meters of gas to Armenia during this winter. Recently
the Armeniaian Minister of Energy had announced that the annual
capacity of the Iran-Armenia gas pipeline project would increase to
2.5 billion cubic meters. Announcing that Iran-Armenia gas pipeline
will guarantee the energy safety of Armenia, he said that the aim
will be achieved by increasing the capacity of the Kadzharan-Yerevan
section of the pipeline by November, 2008. Iran-Armenia gas pipeline
project was started on March 19, 2007 and it will provide Armenia
with an alternative to the gas it now imports from Russia. The 140
kilometer project is valued at $220 million which is to be financed
by the two countries.