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Russia's stake in Iran-Armenia pipeline yet to be studied: Armenian PM

TEHRAN, Nov. 13 (Mehr News Agency) - Armenia has not studied offering of any sector of the Iran-Armenia gas pipeline project to Russia yet, Armenian Prime Minister Andranik Margaryan announced. Construction of 40 km of Iran-Armenia gas pipeline by the Russian side has not been discussed yet, Margaryan added.

"We are not talking about selling the pipeline to Russia. We are only discussing the possibility of Russia's preliminary investment in the project," the Persian service of ISNA quoted Margaryan as saying on Monday. "Everything will become clear when the project comes on stream."

In late June 2006 Deputy Chair of Gazprom Board Alexander Ryazanov had noted that the company was going to buy the Iran-Armenia gas pipeline. According to him, the putting into operation of the gas pipeline would secure gas supplies to Armenia.

Referring to the recent comments on the increase in the prices of Russia's gas to Armenia, the Transcaucasian nation's prime minister pointed out that his country had not been officially informed of the issue yet. Therefore, it would be better for the media not to mention it before it was approved by the relevant commissions.

The Armenian official has referred to the agreement on the pipeline construction as a priority for the West Asian nation. Based on earlier planning, the pumping of Iranian gas to Armenia via the pipeline is expected to begin by the end of the year.

... Payvand News - 11/13/06 ... --

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