A. MOVSISIAN SAYS IN CASE OF NECESSITY GAS FROM IRAN MAY ALREADY BE IMPORTED TO ARMENIA

ARMENPRESS
Nov 24, 2008

YEREVAN, NOVEMBER 24, ARMENPRESS: The second round of construction
works of Iran-Armenia gas pipe line have finished and now the testing
works are being held. Energy and Natural Resources Minister Armen
Movsisian said today that in case of necessity it is already possible
to import gas from the Iranian side. The minister once again reminded
that the gas imported from Iran will not have tariff, instead for 1
cubic meter gas, the Armenian side must give 3kw/h electricity.

The minister noted that the issue on construction of oil-processor in
Armenia is not withdrawn from the agenda. "The task groups continue
working in that direction. It is necessary to forward such solutions
which will make the construction of oil-processor economically
effective," A. Movsisian said.

According to him, after reconstruction works the Armenian Atomic
Power Plant continues working. He said the works were done with high
quality and the plant started functioning 11 days earlier from the
expected time.

Referring to the construction of Hydro Power Plant, A. Movsisian
noted that this year session of Armenian-Iranian inter-governmental
commission is going to take place the agenda of which includes the
issue. In 2009 projecting-calculating works will kick off.