Wednesday, December 18 2019 14:36
Alexandr Avanesov

MP: Armenia is negotiating with Turkmenistan on the purchase of gas

MP: Armenia is negotiating with Turkmenistan on the purchase of gas

ArmInfo.Armenia is in talks with Turkmenistan to purchase gas. Mikayel Melkumyan, Chair of the Standing Committee on Regional and Eurasian Integration of the  National Assembly of the RA announced this at a press conference in  Yerevan on December 18.

According to him, the visit of the Minister of Territorial  Administration and Infrastructures of Armenia Suren Papikyan to Iran  recently took place, where he met with the Minister of Energy of this  state, adding that the issue of gas purchase is under discussion. "At  the moment, this scheme does not work, but it will certainly work.  One of its goals is to create a common energy corridor from  Turkmenistan through Iran, Armenia, Georgia to Russia," Melkumyan  explained.

 At the same time, he noted that at the moment, work is underway  towards the early involvement of the scheme. "Iran is also very  interested in the implementation of this project," the MP assured. He  also noted that Armenia now receives three times less gas through the  pipeline from Iran than its capacity allows, expressing the hope that  the construction of a new Iran-Armenia transmission line will allow  to fully load the gas pipeline.

Earlier, Armenian Ambassador to Iran Artashes Tumanyan reported that  Armenia is discussing the possibility of swap supplies of Turkmen  gas. According to him, Iran is ready to provide Armenia with large  volumes of gas, but the problems of the price of the proposed fuel  keeps Yerevan from Tehran's initiative.  Iran, as noted by an  Armenian diplomat, has never offered Armenia better conditions than  Russian ones. A swap exchange of natural fuel is currently under  discussion, according to which Turkmenistan provides its gas to Iran  at the border, and the latter, in turn, transfers similar volumes of  "blue fuel" to Armenia at its border. "A similar supply chain is  being considered," the ambassador said.

He also reminded that for many years Armenia has been implementing an  energy exchange program with Iran. As part of a barter deal, Iran  supplies gas to Armenia in exchange for electricity per 1 cubic meter  of gas per 3 kWh of electricity. According to the ambassador, the  electricity and gas exchange program should be expanded, and the  Iran-Armenia-Georgia power transmission program is being implemented  to achieve this goal.  The diplomat emphasized that the project,  according to the decision of the Armenian-Iranian intergovernmental  commission, should be completed at the end of 2020.  It should be  noted that Armenia is carrying out a barter deal with Iran "gas for  electricity" at the rate of 1 cubic meter of blue fuel from Iran in  exchange for 3 kWh of electricity from Armenia. Gas is supplied  through the Iran-Armenia gas pipeline, and electricity from Armenia  is sent through two power lines to Iran. In order to strengthen the  possibilities of regional commercial trade and the operation of  energy systems in parallel, a decision was made to build a third  Iran-Armenia power line with a voltage of 400 kilovolts and a  400/500-kilovolt Armenia-Georgia power line. However, while the  construction of power lines in the Iranian direction was only 20-25%  completed, the parties have not yet begun to build the  Armenia-Georgia power lines.  At the same time, the cost of the  Iran-Armenia power transmission line project is $ 107 million and is  fully funded by the Iranian side. As for the Armenia-Georgia power  transmission line, including two substations, Ddmashen and Ayrum, its  cost exceeds $ 330 million. A significant part of these funds in the  form of a loan was agreed to be provided by KFW Bank, European  Investment Bank and the EU.

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