Iran-Armenia gas route to be opened by late March

Source: Tehran Times 3/14/2007, Location: Asia

The Iran-Armenia gas route is to be opened late in March, Armenia's Deputy Foreign Minister Gegham Gharibjanyan told ARKA.

"The official ceremony is scheduled for the end of March," Gharibjanyan said. The gas main was to be commissioned last December, but the process was later postponed until this spring.

The construction project is estimated to cost $120 million. The construction of the first 40km-long section of the pipeline started on November 30, 2004. The second section, which passes through the Armenian cities of Kajaran, Sisian, Jermuk and Ararat, is being constructed by the Iranian company Sanir.

At the initial stage Armenia will receive 300-400 million cubic meters of gas from Iran annually, with the volume to be increased to 2.3 billion cubic meters. Under an Armenian-Iranian agreement, the former soviet republic is to receive a total of 36 billion cubic meters of natural gas in 20 years. The agreement may be extended, and the gas supply volume may be increased to 47 billion cubic meters.


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