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Iran intends to increase gas supplies to Armenia fivefold

Business Materials 8 February 2016 20:22 (UTC +04:00)
Iran is considering the possibility of increasing gas exports to Armenia fivefold, Alireza Kameli, director of the National Iranian Gas Export Company, said, the Armenian website 1in.am. reported.
Iran intends to increase gas supplies to Armenia fivefold

Baku, Azerbaijan, Feb. 8

Trend:

Iran is considering the possibility of increasing gas exports to Armenia fivefold, Alireza Kameli, director of the National Iranian Gas Export Company, said, the Armenian website 1in.am. reported.

"It is possible to increase gas supply up to five mcm per day even on the basis of a joint agreement between Iran and Armenia," he said.

Kameli said that the construction of new power lines can be a key factor of increasing Iranian gas supply to Armenia.

Currently, Iran daily exports about one mcm of gas to Armenia. The countries signed a contract for construction of the third power transmission line, which will connect the two power systems, in August 2015.

The contract worth 107 million euros envisages the construction of a 275 kilometer-transmission line for two years. This will increase the volumes of mutual supplies of electricity threefold.

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