Slovakia’s EU-Asia Business Finance Centre Holding intends to ensure transit of Iranian natural gas to Europe through Armenia
10.10.2016,
10:59
Slovakia’s EU-ASIA Business Finance Centre Holding is planning to ensure the transit of Iranian natural gas to Europe through Armenia, Ashot Grigoryan, the president of the holding, told journalists on Friday.
YEREVAN, October 10. /ARKA/. Slovakia’s EU-ASIA Business Finance Centre Holding is planning to ensure the transit of Iranian natural gas to Europe through Armenia, Ashot Grigoryan, the president of the holding, told journalists on Friday.
In his words, this is a quite ambitious project, on which an agreement with investors has already been reached and implementation-related issues are being discussed now.
The necessary condition for this project implementation is transit through Armenia’s territory.
“Gas pipelining to Europe is a difficult task and we are negotiating now with a number of countries – Bulgaria, Russia, Iran as well as Armenia and Georgia, which will be involved in the project,” Grigoryan said.
He refrained from saying how much this project costs. In his words, the expenses have not been estimated so far. Investments, he said, will be made by the holding itself.
EU-ASIA Business Finance Centre is now financing Armenia-Iran energy projects. In particular, it has lent €27 million to Iranian company Sanir for laying an electric power line between the countries.
According to the energy ministry, the program’s total cost is €107.9 million, of which €27.5 million will be provided by the Armenian side. --0----
In his words, this is a quite ambitious project, on which an agreement with investors has already been reached and implementation-related issues are being discussed now.
The necessary condition for this project implementation is transit through Armenia’s territory.
“Gas pipelining to Europe is a difficult task and we are negotiating now with a number of countries – Bulgaria, Russia, Iran as well as Armenia and Georgia, which will be involved in the project,” Grigoryan said.
He refrained from saying how much this project costs. In his words, the expenses have not been estimated so far. Investments, he said, will be made by the holding itself.
EU-ASIA Business Finance Centre is now financing Armenia-Iran energy projects. In particular, it has lent €27 million to Iranian company Sanir for laying an electric power line between the countries.
According to the energy ministry, the program’s total cost is €107.9 million, of which €27.5 million will be provided by the Armenian side. --0----
