Armenia and Iran have agreed to expand the "gas for electricity" program. According to David Khoudatyan, Armenia's Minister of Territorial Administration and Infrastructure, the parties have already reached an oral agreement that provides for at least a twofold increase in the volume of mutual supplies.

According to the minister, both countries are interested in expanding cooperation: Armenia needs additional volumes of natural gas, and Iran needs more electricity. At the same time, the existing Iran-Armenia gas pipeline already has sufficient capacity to increase supplies.

A new third Armenia-Iran 400 kV power transmission line is expected to play a key role in the implementation of these plans. After its commissioning, which is expected by the end of 2026, Armenia will be able to export at least twice as much electricity to Iran and receive increased volumes of gas in return.

The parties intend to work out the remaining technical and organizational issues within the framework of joint working groups. Khoudatyan also emphasized that the expansion of cooperation with Iran is an independent economic project and is not related to Armenia's relations with Russia.