ArmInfo. Armenian President Serzh Sargsyan considers it possible to implement a project on the transit of gas from Iran to Europe. The head of the republic said this in an interview with the influential Iranian newspaper Sharh, on the eve of his visit to the Islamic Republic of Iran.
According to the president, cooperation in the field of energy is an important component of the Armenian- Iranian relations. The President recalled that Armenia has been implementing a "mutually beneficial program" gas for electricity in the order of ten years with Iran." In this context, Sargsyan said, great importance is attached to the construction of the third Armenia-Iran power transmission line, which will significantly increase the volume of exchange.
"As for the issue of gas transit from Iran to Europe, such a large-scale project, it must be thoroughly studied, calculations are needed, and if it is economically beneficial to all parties, why not?" The president said. This issue, he said, is currently in the stage of expert discussions. "We, in turn, have repeatedly stated that they are interested in participating in major regional economic projects and are ready for cooperation," he stressed.
To note, Iranian gas arrives in Armenia from May 15, 2009 according to the agreement within the framework of the program "Gas in exchange for electricity."
To remind, the four-sided memorandum between Armenia, Georgia, Iran and Russia providing for increasing the level of management of electricity flows, security and reliability of power systems was signed on December 23, 2015 in Yerevan. According to the RA Ministry of Energy, the creation of a favorable environment for cooperation is facilitated by the fact that the energy systems of the four countries operate in parallel synchronous mode. In particular, it is planned to commission the fourth power transmission line Armenia-Georgia with the capacity of 400-500 kW by 2018. As a result, it will be possible to work in parallel with Georgia's power system, and the capacity of electricity flows at the first stage will be 350 MW, and by 2021 it will be brought up to 700 MW. In addition, until 2018, the third high-voltage power line Iran-Armenia will be put into operation, which will make it possible to increase the capacity of the overflows to 1,200 MW. The purpose of these events is the implementation of the initiative to create an electricity corridor North-South, which will provide an opportunity to work with the energy systems of the EEU and the EU.