Fars News Agency, Iran
Feb 13 2011

Iran to Supply Armenia with Gasoline, Diesel Oil

TEHRAN (FNA)- A senior Iranian oil official announced that the country
is due to export 1.5 million liters of gasoline and diesel oil to
Armenia each day.

"Based on the agreement, Iran will export 750,000 liters of gasoline
and 750,000 liters of diesel oil to Yerevan on daily basis," Iranian
Deputy Oil Minister and Managing Director of National Iranian Oil
Refining and Distribution Company (NIORDC) Alireza Zeiqami stated.

Late in January, Iranian Oil Minister Massoud Mir-Kazzemi announced
that Iran and Armenia plan to construct a new oil pipeline to increase
energy supply to the Caucasian state.

Speaking on the sidelines of a meeting with visiting Armenian Minister
of Energy and Natural Resources Armen Movsisian here in Tehran,
Mir-Kazzemi said that the pipeline will begin from Iran's Northwestern
city of Tabriz and stretch toward the Armenian border.

The minister added that the pipeline can help Armenia meet parts of
its needs for oil products from the Islamic Republic.

He added that the two sides will finalize the volume and the value of
the exports of oil products during a meeting in the near future.

By 2014, the 365 kilometer, 8 inch pipeline will transfer oil products
from Tabriz to Yerevan.

Iran and Armenia have also expanded cooperation in power and gas swap
in recent years.

Iran mainly exports natural gas to Armenia and imports power supplies
from the Caucasian state through two transfer lines with a total power
transfer capacity of 220kw/ph at present.


From: A. Papazian