Armenia increases import of natural gas from Iran to 42% in first half of 2012
arminfo
Wednesday, August 22, 17:06
Armenia increased import of natural gas from Iran in the first half of
2012 by 42% to 239 million cu m versus 168.38 mln cu m for the same
period of 2011, the Public Services Regulatory Commission of Armenia
reports.
Import of Iranian gas to Armenia grew 15% to 460 million cu m in 2011
versus 400 million in 2010. Gas is supplied to Yerevan
Thermoelectrocentral CJSC in exchange for electricity – 1cu m of gas
per 3kWh electricity. Under a relevant agreement, Iran can supply up
to 1.1 billion cu m of gas to Armenia (nearly 3 mln cu m daily), and
up to 2.3 bln cu m starting 2014. Armenia was to supply surplus
electricity to the neighboring Turkey and Georgia, but the country has
not yet supplied electric power to those countries. In addition,
Armenia purchases not large volumes of cheap electricity from Georgia
in specific seasons.
Armenia imported 1.257 bln cu m of gas in the first half of 2012 in
total versus 1 billion cu m for the same period of 2011. Import from
Russia totaled 1.018 bln cu m in the first half and grew 22.37% versus
the same period of 2011.
The sole supplier of gas to Armenia is ArmRusgasprom CJSC. Gazprom
OJSC holds an 80pct stake in the company, with the remaining 20pct
belonging to the government.
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2012/08/22/armenia-increases-import-of-natural-gas-from-iran-to-42-in-h12012/
