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Yerevan has not yet received proposals from Gazprom to acquire Iran-Armenia pipeline

Armenia Materials 10 July 2006 15:52 (UTC +04:00)

(REGNUM) - The Armenian side has not received any proposals from Gazprom concerning acquiescence of the Iran-Armenia gas pipeline, which construction is now underway; spokeswoman for the Armenian Energy Ministry Lusine Arutyunyan is quoted as saying by a REGNUM correspondent. According to her, the ministry received no proposals and has no talks concerning sale of the pipeline. Commenting on a recent statement of Gazprom Deputy CEO Alexander Ryazanov, who said the company was intending to buy the pipeline, spokeswoman for the Armenian energy ministry noted, it was probably an intention by the company itself.

It is worth reminding, late June Gazprom deputy CEO announced that the company intended to buy the Iran-Armenia pipeline. According to him, putting the pipeline into operation would let secure stable gas supplies in Armenia. There are problems with gas transit to Armenia via Georgia, as Georgia presumes unsanctioned pumping out of gas, Ryazanov said, reports Trend.

The Iran-Armenia pipeline is supposed to be put into operation in the end of this year. The pipeline that connects Iran and Armenia has a diameter of 700 mm, and its estimated capacity is 1.2 bln cubic meter of gas per year. The project of constructing the Iran-Armenia pipeline 141 km long has estimated cost of $120 million.

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