Iran Has Capacity for a Tenfold Boost in Gas Export to Armenia

Iran has the capacity for a tenfold increase in gas export to Armenia, said an official with the Iranian Gas Transmission Company.

Yadollah Baybordi added that the main infrastructures, including pipelines, terminals, and pressure boost stations, have been provided. “If negotiations with the Armenian side are finalized, even 10 million cubic meters of gas can be exported to the neighboring country,” Mehr news agency reported on December 26.

Since the beginning of the current Iranian fiscal year (March 21, 2015), some one billion cubic meters of gas has been exported to Armenia on average per day, he noted.

For the time being, Iran can export three billion cubic meters of gas annually to Armenia, he said, adding that Iran exports gas to Armenia in exchange for electricity.

Meanwhile, some 1.5 million cubic meters of gas has been received from Azerbaijan per day and delivered to Nakhchivan Autonomous Republic, he said. 

The official referred to importing some 140 million cubic meters of gas from Azerbaijan, saying that some 130 million cubic meters of gas has been swapped to Nakhchivan since March.

Currently, Iran receives 200,000 cubic meters of gas from Azerbaijan as swap fee for swapping 1.5 million cubic meters of gas, he explained.