Iran Barters Over 1.5 Bcm of Gas with Armenia Electricity in 6 Years

Iran Barters Over 1.5 Bcm of Gas with Armenia Electricity in 6 Years

Iran has bartered more than 1.5 billion cubic meters of gas with Armenia’s electricity over the past six years.

National Iranian Gas Export Company (NIGEC) figures show that around 1.558 billion cubic meters of gas has been traded with Armenian electricity during the period of 2007 and 2012, Iran’s SHANA news agency reported.

Last year, the Islamic Republic of Iran exchanged some 481 million cubic meters of gas with the neighboring country’s electricity, the largest amount of bartering between Iran and Armenia in six years.

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LNG World News Staff, June 18, 2013