Tehran is prepared to enhance its gas ties with neighboring Armenia, managing director of the National Iranian Gas Company (NIGC), Hamidreza Araqi said. Araqi further said that besides a goods-for-gas deal between Iran and Armenia, Tehran is prepared to bolster gas exports to Yerevan, Iran's SHANA news agency reported. Based on the deal, he pointed out, Iran receives 3 kilowatt hours of electricity from Armenia for every one million cubic meters of natural gas. Iran and Armenia signed a gas and power barter deal in 2004 for a period of 20 years.
NIGC - National Iranian Gas Company published this content on 22 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 January 2018 12:29:06 UTC.
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