Iran-Armenia third power transmission line will soon be put into operation, Iranian Ambassador to Armenia Seyed Kazem Sajadi said. "I hope we will witness that event in the near future," he said.

According to the agreement, Armenia will receive gas in exchange for the electricity exported to Iran.

The ambassador also mentioned that Iran is ready to sell gas at affordable prices to the Republic of Armenia. "We are discussing this issue and I hope you will see progress soon. If Armenia becomes a little energetic, I think it will take very big steps and it will help to create jobs in Armenia, "said Sajadi.

He once again affirmed that Armenia and Iran have very good cooperation in the field of energy. "We plan to establish cooperation within the framework of the SUAP," added the Ambassador Extraordinary and Plenipotentiary of Iran to Armenia.

The construction of the 400 kV third power line Iran-Armenia and the substation "Noravank" will enable to increase the power transmission capacity between the two countries by 350 MW to 1000 MW and increase the reliability of the connection between the southern and central parts of Armenia's energy system and the reliability of the parallel work of the energy systems of the two countries and the level of energy security of Armenia.

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