Yerevan is holding talks with Tehran on constructing a gas pipeline between Iran and Armenia to fully satisfy Armenia\'s internal demand for gas, President Robert Kocharian said at a Tuesday press conference. No other options are being discussed, because they could be problematic for Armenia, Kocharian said. \"We are discussing this project only with the purpose to improve Armenia\'s energy security,\" the president said. The construction of the second power transmission line is continuing. The line will make it possible to supply electricity to Iran in exchange for gas, while \"other options are quite problematic,\" Kocharian said. The signing of a final agreement on constructing a gas pipeline between Iran and Armenia is expected when Iranian Petroleum and Gas Minister Bijan Namdar-Zanganeh visits Yerevan in late May. The construction of the gas pipeline should begin in late 2004 and be finished in 2006. In line with agreements signed earlier, the Iran-Armenia gas pipeline is expected to be 141-kilometer long, and 100 kilometers of it will be located in Iran and 41 in Armenia. The project has been estimated at $120 million. (Interfax)