March 19, 2007 - 15:08 AMT
Iran-Armenia gas pipeline inaugurated
The Iran-Armenia gas pipeline was inaugurated in the settlement of Agarak at the Armenian-Iranian border March 19. Armenian President Robert Kocharian and Iranian leader Mahmoud Ahmadinejad took part in the solemn opening ceremony. All construction words have been accomplished and the pipeline is being tested at present. In several months the gas pipeline will be adjusted to the Armenian gas-delivery system, reports IA Regnum.

The construction of the 141-km gas pipeline was launched in November 2004. Initially Armenia will receive 1,5 mln cu m of Iranian gas per day. The second stage supposes construction of the pipeline from Kajaran to Ararat (150 km). The project totals $200-250 million.

The gas pipeline is built by Iran, Armenia and Russia represented by Gazprom and RAO UES of Russia. In the course of the coming 20 years Iran will supply Armenia with 36 bln cu m of gas. The 'blue fuel' will be processed into energy for further export to Iran.