Iran plans to increase gas supply to Armenia fivefoldFebruary 8, 2016 - 11:07 AMT PanARMENIAN.Net - Growth of Iranian gas exports to Armenia depends on the construction of a new electricity transmission line between the two countries, the head of National Iranian Gas Exports Company said, according to Mehr news agency. Explaning the latest status of Iranian natural gas exports, Alireza Kameli said that an average of one million cubic meters of natural gas is annually exported to Armenia. The official said that gas export is carried out in exchange for purchase of electricity; on the basis of a joint agreement, there is a possibility to increase the amount of gas exports fivefold, he noted. He deemed the construction of necessary infrastructures as one of the important factors in increasing the exports volume. “Armenia has recently started to build a 400-kw transmission line,” Kameli reminded, stressing that the construction process is estimated to last two years. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |