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Armenia terms transfer of gas from Iran significant


Armenia`s Energy Minister Armen Movsisyan said in Yerevan on Wednesday that Yerevan attaches great significance to the project to transfer Iran`s gas to Armenia, and called for expediting the implementation of the project as soon as possible, IRNA reported.

Movsisyan, speaking in a meeting with the visiting governor general of Iran`s East Azarbaijan province, said Yerevan is determined to cooperate with Iran on the project, stressing that Iranian officials have also pledged to provide all necessary assistance to make the project operational.

He further stressed that Iran and Armenia have agreed to construct two units of a hydroelectric plant with a production capacity of 80 megawatts on the banks of the Aras River.

Movsisyan added that Armenia would use Iran`s experience in constructing the plant.

Elsewhere in his remarks, the Armenian energy minister said that Tehran and Yerevan are also considering to start a new project to transfer Iran`s electricity to Armenia.

He said the project will come on stream in mid-2004, stressing that it will double Iran`s exports of electricity to Armenia. Movsisyan further stressed that Iran and Armenia signed a memorandum of understanding last year for the construction of a wind power plant, stressing that the construction of the plant will start next year.

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