Armenia raises Iran gas imports

EghtesadOnline: Armenia has increased gas imports from Iran in the first half of this year.

News ID: ۷۳۶۷۰۶

07 September 2016

Imports of Iranian natural gas to Armenia in the first half of 2016 decreased by 23.2% from the first half of 2015 to 1.004.8 billion cubic meters, according to the Customs Service of Armenia, which said also the customs value of the imported gas decreased by 36% to $162.6 million, according to ISNA.

According to the Customs Service, imports of natural gas from Russia declined by 27.3% from 1.125 billion cubic meters in the first half of 2015 to 818.3 million cubic meters,  while imports from Iran increased  by 1.2% to 186.5 million cubic meters.

Armenia not only imported, but also exported natural gas- 24.7 million cubic meters- to the neighboring Georgia earning $6.1 million.

According to the Armenian customs data, in 2015 Armenia imported a total of 2.6 billion cubic meters of natural gas worth $ 514.3 million, up from about 2.5 billion cubic meters imported in 2014.

Imports of Iranian gas in 2015 amounted to 383.1 million cubic meters worth $72.4 million, up from 365.9 million cubic meters imported in 2014.

Russia accounted for 82% of Armenian natural gas imports (about 2.2 billion cubic meters a year) worth $426.3 million.