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Russia’s Gazprom Plans to Switch Attention From Iran to Armenia, Georgia

Russia’s natural gas monopoly has cancelled plans to take part in a tender to construct facilities at the Iranian South Pars field, the Itar-Tass news agency reports. The agency quoted Sergey Kuznets, an official from Gazprom’s legal department, as saying that the company “held preliminary talks and looked at the project’s economics and decided not to send a binding application to take part in the tender”.

However, Kuznets said that Gazprom was interested in Armenian energy projects. Gazprom is looking at the possibility of taking part in the construction of a gas pipeline from Iran to Armenia and in the privatization of Georgian pipelines linking Russia and Armenia.

Kuznets said that if privatization conditions in Georgia suit Gazprom, the company will consider participation in the privatization of a main gas pipeline and gas distribution organization as promising. For Gazprom “this is important as these gas pipelines link Russia to Armenia”.

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