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Iran to export natural gas to Azerbaijan, Armenia

Tehran, May 5, IRNA -- Iran is to export 200 to 350 million cubic meters of natural gas to Azerbaijan per annum from the coming winter according to a contract that is to be signed by the two sides after necessary negotiations and agreements.

Deputy Minister of Petroleum for Caspian Oil and Gas Affairs Hamdollah Mohammadnejad told IRNA here on Wednesday that Iran has been in talks for more than one decade with the republics of Azerbaijan and Armenia on export of its natural gas.

Mohammadnejad said that Iran is also to export 1.2 to 2.5 billion cubic meters of natural gas to Armenia a year for a period of 20 years through a 20-inch pipeline.

The gas, he added, would be transferred to Magri border region through a 120 kms pipeline.

The official said that feasibility studies on the pipeline project has been completed and it would be implemented once related contract is signed by Iranian and Armenian sides.

He said Iran gives the priority to transfer of gas to neighboring and the Central Asian republics on the long run in a bid to upgrade mutual economic cooperation.

... Payvand News - 5/5/04 ... --

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