Armenian Official in Energy Talks in Tehran

Iran and Armenia explored grounds to boost collaboration in energy projects in a meeting between Deputy Oil Minister Amir-Hussein Zamaninia and Deputy Minister of Territorial Administration and Infrastructure of Armenia Hakob Vardanyan in Tehran on Saturday.
The agenda included ways of expanding cooperation in electricity, water as well as technical and engineering sectors, ISNA reported, adding that the two sides mainly focused on renewing their contract for swapping gas with electricity.
A 20-year contract was signed by the two countries in 2004 and took effect in mid-2009. According to the agreement, Iranian natural gas is bought by Armenia for power generation and is exported to Iran. Tehran receives 3.2 kilowatt-hours of electricity in exchange for 1 cubic meter of natural gas.