// IP Marketing video - START// IP Marketing video - END

Gazprom, Iran may agree to increase gas supplies to Armenia

Gazprom, Iran may agree to increase gas supplies to Armenia

PanARMENIAN.Net - Deputy Chairman of Gazprom Management Board Vitaly Markelov will on Friday, November 11 hold talks with Iran's Deputy Minister of Oil Amir-Hossein Zamani-Nia, who has arrived in Moscow to convince Russian companies to invest in the Islamic Republic's oil and gas projects. Also, negotiations may dwell upon the increase of gas supplies from Iran to Armenia, whose gas transportation system is controlled by Gazprom, Kommersant reports.

Now Gazprom supplies gas to Armenia through Georgia, but the transit agreement expires at the end of 2016, and Gazprom is keen to reduce the fee.

Negotiations with Iran would strengthen the Russian company's position and put more pressure on Georgia,the publication says.

Earlier,Iran signed a deal with France's Total on for the development of gas production at a major offshore field in the Gulf.The Heads of Agreement (HOA) for the development of Phase 11 of the important South Pars field is worth $6 billion (5.4 billion euros).

 Top stories
It has been agreed that Iran’s gas export volume to Armenia and dispatch of electricity from Armenia back to Iran should grow as of 2018.
Behzad Babazadeh said that the Armenian side wants imported gas from Iran to be increased from 1 mcm to 1.6 mcm.
The event was timed to coincide with the visit of a 10-strong delegation of prestigious UK companies led by Mark Pritchard MP.
The two-day intensive programme includes meetings with Armenian high level state authorities and business representatives
Partner news