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Armenia and Iran expand cooperation

19.09.2016, 16:34
After the removal of sanctions against Iran Armenia has made significant steps towards the development of cooperation with Iran,  Vardan Voskanyan, the head of the department of  Iranian Studies at Yerevan State University, told a news conference today.
Armenia and Iran expand cooperation
YEREVAN, September 19. /ARKA/. After the removal of sanctions against Iran Armenia has made significant steps towards the development of cooperation with Iran,  Vardan Voskanyan, the head of the department of  Iranian Studies at Yerevan State University, told a news conference today.

"We have joint projects, which are still at the planning stage; there are projects which are underway already  and besides, we  have joint projects  aimed at long-term prospects,"  he said.

Speaking about the construction of the third high-voltage power transmission line between Armenia and Iran Voskanyan  said  it is important not only in terms of power transmission, but also in terms of making Armenia  a transit corridor, given the quadrilateral memorandum signed earlier by Russia, Armenia, Georgia and Iran.

He noted that after the commissioning of the third power transmission line Iran will triple  volumes of natural gas to Armenia, which in turn will lead to a 100% increase of the Armenian-Iranian trade.

According to the Armenian  Ministry of Energy and Natural Resources,  the construction of the 400-kilovolt power transmission lines connecting Iran and Armenia and Armenia will Georgia will enhance the links between the energy systems of the countries. 

The construction of the first power line is expected to be completed in the fourth quarter of 2017, the construction of the second a year later. Then, the power grids of all 4 countries will be able to work in synchronous mode, able to transmit up to 1200 MW  of electricity- enough for commercial and swap, as well as any emergency supplies - 0--