Tehran, Feb 25, IRNA - Iran's National Gas Company spokesman on Monday declared Iran's readiness to export natural gas to Armenia.

Abdollah Ghanbarzadeh said that Iran-Armenia gas pipeline is now completed and that gas will be supplied upon Armenia demand.

The pipeline has a capacity to carry 10 million cubic meters daily, but, according to the agreement one million cubic meters of Iranian gas will be supplied a day.

Armenia will supply three kw electricity to Iran a day in return for the gas.

Agreement to build the pipeline to Armenia was signed by two countries 12 years ago, but, a delay occurred over disagreement on the gas price and the payment guarantee.

However, the final agreement on electricity and natural gas was signed by Iran and Armenia three years ago.
 

... Payvand News - 02/25/08 ...