Armenia Holds Negotiations on Purchase of Turkmen Natural Gas

BUSINESS TURKMENISTAN
Armenia Holds Negotiations on Purchase of Turkmen Natural Gas
Within the gas-swap deal, if implemented, Turkmen gas will not be supplied to Armenia physically, but to the Mazenderan province of Iran, and Yerevan will receive the given volume of Iranian gas at its border.

The official Yerevan is holding talks over the purchase of natural gas from Turkmenistan, Armenian News.am cites the Chair of the Standing Committee on Regional and Eurasian Integration of the National Assembly of Armenia, Deputy of Prosperous Armenia Party Mikayel Melkumyan as saying at the National Assembly on Wednesday.

Melkumyan stated that he had met with Iran’s energy minister during the recent visit of Minister of Territorial Administration and Infrastructures of Armenia Suren Papikyan to Iran and that the issue on purchase of natural gas is under consideration.

“One of the goals is to create a common energy corridor from Turkmenistan to Russia through Iran, Armenia and Georgia,” Melkumyan clarified.

At the same time, he noted that the work is underway for the early operation of the scheme.

“Iran is also very interested in the implementation of this project,” the Deputy noted.

Back in early September, Ambassador of Armenia to the Islamic Republic of Iran Artashes Tumanyan noted in his speech at the Armenian Parliament that Yerevan can work out a scheme to exchange Turkmen gas for Iranian gas.

“It will positively affect the position of interested parties in the gas market,” the Ambassador noted.

Within the gas-swap deal, if implemented, Turkmen gas will not be supplied to Armenia physically, but to the Mazenderan province of Iran, and Yerevan will receive the given volume of Iranian gas at its border.