Iran suspends electricity transit

Oil&Gas 6 October 2009 16:33 (UTC+04:00)

Azerbaijan, Baku, Oct. 6 / Trend /

"Iran suspends power transit to neighboring countries," Director of the Iran Power Network Management Company, Masud Hojat said, the Iranian Fars News agency reported.

"For Iran it is much more profitable to buy electricity from one country and sell to other one. So, henceforth we stop the electricity transit," Hojat added.

According to Hojat, currently 700 MW electricity goes as transit from Turkmenistan to Turkey through Iran.

Iran exports 730 MW electricity to Iraq, Afghanistan and Pakistan, and imports 350 MW of electricity from Armenia and Turkmenistan.

Generally, Iran has flow of 1,100 MW of electricity.

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