Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by admin | Thu, 2009-09-24 13:21
selected project
Armenian-Iranian Gas Pipeline Project
description
Armenia finished construction of a natural gas pipeline from Iran; the pipeline will carry 2.3 billion cubic meters of gas a year. Construction began on the pipeline in March 2007.
According to the terms of the pricing contract, Armenia imports 3 McM per day of Iranian gas, for which it must pay in electricity. Currently, Iran accuses Armenia of failing to import the contract volume.
- Country: Armenia
- Client: National Iranian Gas Export Company (NIGEC)
Status
- Current Status:
- Discussion Date:
- Contract Date:
- Completion Date: Fri, 2008-12-12
Citation
1. "Iran-Armenia gas pipeline inaugurated", Fars News Agency, 12 December 2008. Available at http://english.farsnews.com/newstext.php?nn=8709121569
2. "Iran, Armenia open gas pipeline", BBC, 19 March 2007. Available at http://news.bbc.co.uk/2/hi/europe/6466869.stm