Monday, March 19, 2007

Iran-Armenia pipeline to start work Monday

Fri, 16 Mar 2007
Earth Times

YEREVAN, Armenia, March 16 The Iran-Armenia gas pipeline will begin functioning next Monday, Armenian news reports said Friday.

The Iranian and Armenian presidents will attend the opening ceremony, Sahak Abrahamyan, director of High-Voltage Electric Grids, told Armenpress agency.


Twenty-five miles of the 90-mile pipeline have been built. In the first stage, 300 million to 400 million cubic meters of gas will be transported. Eventually, the pipeline will be able to pump about 2.5 billion cu.m. of gas, the report said.

Work on the $30 million pipeline will end in mid-2008.

Initially, Armenia will receive 1.08 million cu.m. per year from Iran, a figure that is expected to double by 2019, according to the U.S. Energy Information Administration, the Department of Energy's data arm. In exchange, Armenia will provide Iran with 3 kilowatts of electricity per cubic meter of gas.

The pipeline allows Armenia to access Iran's and Turkmenistan's gas exports without having to use Caspian Sea export routes, the EIA says.

Copyright 2007 by UPI

Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.

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