Armenia 'Honoring' Gas Deal With Iran

Armenian Energy Minister Armen Movsisian says that despite complaints by Iranian officials Yerevan is fully complying with an agreement to import natural gas from Iran, RFE/RL's Armenian Service reports.

Article Tools

YEREVAN -- Armenian Energy Minister Armen Movsisian says that despite complaints by Iranian officials Yerevan is fully complying with an agreement to import natural gas from Iran, RFE/RL's Armenian Service reports.

Rasul Salmani, a top executive in Iran's gas exporting company, was quoted by the ISNA news agency as saying last week that the current volume of Iranian gas deliveries is well below the level defined by an Armenian-Iranian supply contract signed in 2004.

Under the terms of the "take-or-pay" agreement, he said Armenia should be buying 3 million cubic meters of gas a day by the end of this year. Salmani said only one-third of that volume is currently flowing through a pipeline inaugurated by the two countries almost one year ago.

He added that Iran could demand compensation from Armenia for any shortfall in delivery. Movsisian dismissed those claims and told RFE/RL on November 12 that the agreement also stipulates that Armenia will import the 3 million cubic meters of gas per day only if it can pay for it with large-scale electricity supplies to Iran.

He said that will happen only after the construction of a third high-voltage transmission line linking the Armenian and Iranian power grids.

sponsored by
Sponsored by ClearKitchen.com -- new products for cooking and entertaining.
Related Articles

In Middle East, Ban pledges to help settle all key issues within 24 months

Visiting Ramallah today where he witnessed the challenges Palestinians face first-hand, Secretary-General Ban Ki-moon reiterated his commitment to help the Israeli and Palestinian sides reach a settlement in the next two years.

Pakistani Student Dies After Pro-Taliban Attack

A student beaten by pro-Taliban radicals at a Pakistani university earlier this week has died of his injuries.
Movsisian downplayed any problems in Armenian-Iranian energy cooperation and said, "There is nothing extraordinary in our relations today; everything is going according to plan."



Copyright (c) RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.
Add to Newsvine Add to Facebook Add to Digg Add to Twitter Add to DeliciousAdd to PropellerAdd to TechnoratiAdd to StumbleUponAdd to FurlAdd to BlinklistAdd to FarkAdd to Reddit
Global RSS
Comments
Your E-mail Address:

Privacy Statement
 


© Copyright Spero, All rights reserved. RSS
Spero News on Twitter
Spero News on Google Buzz
Submit a tip
Advertise
Terms of use
Privacy Policy
Contact
This page took 0.6748seconds to load