Iran, Armenia in new gas transfer talks

Iran's Deputy Oil Minister for Gas Affairs, Hammad Mohammad-Nejad, said Friday his country may export gas to Armenia, according to a report by the Organization of Petroleum Exporting Countries' news agency. A 1995 agreement between the two countries foundered after Armenia could not finance the $2 million section in Iran.


Iran's Deputy Oil Minister for Gas Affairs, Hammad Mohammad-Nejad, said Friday his country may export gas to Armenia, according to a report from the Organization of Petroleum Exporting Countries' news agency.

A 1995 agreement between the two countries foundered after Armenia could not finance the $2 million section in Iran. Also, Armenia had to repair and extend an existing line in its territory.

Speaking in Tehran, Mohammad-Nejad said the Armenian government had formed a "tripartite committee comprising Iran, Armenia, and Greece" and was seeking foreign capital to complete the unfinished work on the project.

He said a Greek engineering company's feasibility study for a 1-5 bcf/year pipeline favored construction.

Mohammad-Nejad said Iran would fill the line with domestic gas or surplus imports from Turkmenistan.

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