The construction of the Armenia-Iran high-voltage transmission line will be 80% ready by the end of this year, Armenian Minister of Energy and Natural Resources Armen Movsisyan told journalists Feb. 15.

Under the project, the Hrazdan-Shinuhayr section of the 220-V line will be completely renovated. The World Bank will invest in the project as well.

Minister Movsisyan also reported that the Armenian-Iranian "Gas against energy" program enhanced the Armenian energy system`s efficiency by 15%. Domestic energy consumption has increased by about 3%.

The "Gas against energy" program will be continued in 2011 as well.

Armenian News-NEWS.am reminds readers that under the program Armenia is to supply 1kwh of energy to Iran against 3 cubic meters of gas.