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Rise in Armenia's Iran Gas Import

Rise in Armenia's Iran Gas ImportRise in Armenia's Iran Gas Import

According to the Customs Service of Armenia, natural gas imports from Iran increased by 1.2% to 186.5 million cubic meters while imports from Russia declined by 27.3% from 1.125 billion cubic meters in the first half of 2015 to 818.3 million cubic meters. Imports of natural gas to Armenia in the first half of 2016 decreased by 23.2% from the first half of 2015 to 1.004 billion cubic meters while the customs value of imported gas decreased by 36% to $162.6 million, Arka News Agency reported. Armenia not only imported, but also exported 24.7 million cubic meters of gas to neighboring Georgia and earned $6.1 million. According to the Armenian customs data, in 2015, Armenia imported 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.

 

Financialtribune.com