TODAY.AZ / Business

Iran-Armenia gas pipeline to be operational Dec. 2006

09 April 2006 [21:38] - TODAY.AZ
The first phase of Iran-Armenia gas export pipeline is expected to kick off in early December 2006, technical and foreign relations director of Armenia Energy Ministry Leon Vartanian announced on Sunday.

"The project is moving at desirable pace and it is going to come on stream 30 days earlier than anticipated time," the Persian service of ISNA quoted Vartanian as saying, adding that the pipeline is 40 km long within the Armenian territory.

Elsewhere in the news, Iran's oil minister, Seyyed Kazem Vaziri-Hamaneh, stated that the country is exporting gas to Nakhichevan, Azerbaijan Republic, on energy exchange basis and several other gas export plans to the neighboring countries are under consideration.

A natural gas sale to Armenia is Iran's third largest long-term contract in this sector after the export agreements to Turkey and UAE. The deal is projected at the daily volume of nine million cubic meters, Iran's Mehr News Agency reports.

URL: http://www.today.az/news/business/24937.html

Print version

Views: 2065

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: