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Time in Yerevan: 11:07,   29 March 2024

State company exporting gas from Iran to other states will be created in Armenia

State company exporting gas from Iran to other states will be created in Armenia

YEREVAN, AUGUST 4, ARMENPRESS. The Armenian Government has made a decision to establish “Energaimpex” state company with 100% shares which will enable to buy, import and export gas from Iran.

“The decision was made taking into account that currently there is no structure in Armenia which can have a right to buy, import and export electricity and gas as a transit country from other states, in particular, from the Islamic Republic of Iran. With this decision we will have a structure in our country which will have those rights and will implement it”, “Armenpress” reports, Minister of Energy and Natural Resources Levon Yolyan said in the Government’s August 4 session.  

The establishment of the company will enable to increase the import of natural gas from the territory of Iran making the use of Iran-Armenia gas pipeline more productive.

Based on the agreement reached between Armenia and Iran gas and electricity exchange is being carried out.

 








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