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Gazprom's involvement in Iran-Armenia pipeline to be discussed

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  • Gazprom's involvement in Iran-Armenia pipeline to be discussed

    Gazprom's involvement in Iran-Armenia pipeline to be discussed

    The Moscow Times

    Hot News

    Interfax. Monday, Sep. 27, 2004, 9:36 PM Moscow Time

    YEREVAN. Sept 27 (Interfax) - The Russian-Armenian interparliamentary
    commission on economic cooperation is planning to discuss the
    involvement of Russia's Gazprom in the construction of the gas
    pipeline connecting Iran and Armenia in mid-October, a source in
    the Armenian government told Interfax. Gazprom intends to offer its
    cooperation on the construction of the 41 km long Armenian section
    of the pipeline connecting the town of Megri (located on the Iranian
    border) to the town of Kadzharan (320 km southeast of Yerevan) and
    also on the reconstruction of the pipeline connecting Kadzharan and
    Yerevan (which has a pipe diameter of 500 to 700 mm).

    The cost of building the Armenian section of the pipeline exceeds the
    $30 million loan provided for this purpose by the Export Development
    Bank of Iran, which increases Gazprom's chances of participating in
    the project

    From: Emil Lazarian | Ararat NewsPress
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