IRAN STARTED SUPPLYING GAS TO ARMENIA

/PanARMENIAN.Net/
14.05.2009 18:51 GMT+04:00

/PanARMENIAN.Net/ Iran has started delivering gas to Armenia in
exchange for electric power supply, Press Service of Energy and
Natural Resources Ministry reports.

According to the report, the Iranian delegation headed by Director
of National Gas Export Company Sayyed Reza was on a visit to Armenia
from 11 to 13 May. The goal of the visit was the launch of "Gas for
Electric Power" project.

During the meeting, group members introduced discussion
reasults. Parties signed four-way agreement on "Coordinating the
Process of Exchanging Electric Power for Gas".

Armenian signatories to the document were Heads of Yerevan Thermo
Electric Station CJSC and Vorotan Cascade Hydro Power Station. The
Iranian signatories were Heads of National Gas Export Company and
Tavanir company.

In 2004, RA Government launched Iran-Armenia gas pipeline construction
with the purpose of extending natural gas supply resources and opening
second technological route to Armenia.

So far, Armenia has received only Russian gas via transit route in
Georgia. Monopoly right for gas delivery and consumption belonged to
Armrosgazprom CJSC.