IRAN, ARMENIA TEAM UP FOR ENERGY

United Press International, Asia
Nov 9 2012

TEHRAN, Nov. 9 (UPI) — A hydroelectric project along the Iranian
border with Armenia will generate as much as 1,700 megawatts of energy
for the Islamic republic, an official said.

Iranian Energy Minister Majid Namjou said construction started this
week on a hydroelectric power plant on the Aras River, which flows
along the border separating the two countries.

When completed, the project would supply 1,700 megawatts of power
per year for Iran, reports state-funded broadcaster Press TV. The
project consists of two units designated for each country and was
funded jointly. The Iranian broadcaster didn’t provide a construction
timeline.

Armenian Energy Minister Armen Movsisyan was quoted by Russia’s
state-run news agency RIA Novosti as saying the former Soviet republic
was discussing the construction of a pipeline to carry gasoline and
diesel from Iranian refineries.

“I’ll see together with Namjou that the implementation of these two
major programs currently at the stage of working discussions begins
as soon as possible,” Movsisyan said. “The implementation of these
two projects will raise the level of economic cooperation between
the two countries.”

The pipeline should be completed in 2014.

From: Emil Lazarian | Ararat NewsPress