Announcement

Collapse
No announcement yet.

Iran To Build Oil Pipeline To Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Iran To Build Oil Pipeline To Armenia

    IRAN TO BUILD OIL PIPELINE TO ARMENIA

    Xinhua
    Feb 24 2010
    China

    Iran plans to construct an oil pipeline and terminal on its border
    with Armenia to increase exports of oil products to the country,
    the English-language satellite Press TV reported Wednesday.

    Iran's Deputy Oil Minister Noureddin Shahnazi-Zadeh said the two sides
    agreed on a contract for a 350-km pipeline that carries oil products
    to Armenia, the report said.

    "The construction of the joint pipeline needs the investment of 350
    million U.S. dollars," Shahnazi-Zadeh was quoted as saying.

    "The construction of the pipeline and oil terminal would increase the
    exports of oil products to this northern neighboring country," he said.

    Iran and Armenia reached a primary agreement on construction of the
    pipeline from Iranian northwestern city of Tabriz to the border city
    of Mughri, in Armenia in 2007.

    The pipeline will transfer oil products such as gasoline and gas from
    Tabriz refinery to Armenia.

    From: Emil Lazarian | Ararat NewsPress
Working...
X