Montazer Torbati: Iran ready to increase gas export to Armenia

ArmInfo. Iran is ready to increase the volume of gas exports to Armenia. This was stated by the general director of the Iranian gas engineering and development company (IGEDC) Montazer Torbati, whose words are cited by the agency Mehr News.

According to the official, with the completion of the pipeline network throughout the country, northern ports can increase the transfer of gas to Iran's northern neighbors. "The export of gas to Armenia continues tirelessly, and in return we receive electricity from Armenia, but the volume of gas exports to Armenia depends on the capacity of the Armenian network," the Iranian official said.

On February 13, at a press conference in Yerevan, the Deputy Minister of Energy Infrastructures and Natural Resources Hayk Harutyunyan reported that Iran is supplying gas to Armenia within the framework of the gas-for-electricity transaction at a rate of 1 cubic meter of gas in exchange for 3 kW / h of electricity.  Within the framework of this program, as the deputy minister believes, there are no restrictions. Moreover, this year it is planned to significantly increase the volume of gas supplies from Iran. In 2017, 382.7 million cubic meters of gas were delivered from Iran, of which 1.996 billion cubic meters from Russia. At the same time, the volume of gas supplies from Russia increased by 7% last year, and from Iran - by 2.9%. As for direct gas supplies from Iran, the issue here is limited by the price. "Since the Iranian side, there have been no proposals for a more affordable price for gas than gas coming from Russia, when a more competitive price is obtained, then the issue will be discussed," the deputy minister said, adding that only in January of this year the volume of electricity supplies to Iran in exchange for gas increased by 104%.