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Putin - Kocharyan on oil refinery on border with Iran

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  • Putin - Kocharyan on oil refinery on border with Iran

    SKRIN Market & Corporate News
    January 26, 2007 Friday 10:26 AM GMT

    Putin - Kocharyan on oil refinery on border with Iran


    Russian President Vladimir Putin received his Armenian counterpart
    Robert Kocharyan in Bocharov Ruchey residence in Sochi on Jan 24,
    Kommersant reported.

    The Armenian President spoke of Russia's investment into his
    country's economy. He hinted at the project of building an oil
    refinery on the border with Iran, suggesting that Gazpromneft should
    carry it out. Iran will supply oil for the refinery,

    However, Russian President has not made the final decision about the
    oil refinery. Apparently, he is counting political risks, and they
    seem to outweight economic profit. Yet, Putin might actually be
    attracted by those risks.
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