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Project For Building Oil Refinery in Megri Has Yet To Be Considered

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  • Project For Building Oil Refinery in Megri Has Yet To Be Considered

    PROJECT FOR BUILDING OIL REFINERY IN MEGRI HAS YET TO BE CONSIDERED,
    WHILE THE FIGURES REPORTED BY MASS MEDIA ARE STRONGLY EXAGGERATED

    Yerevan, January 29. ArmInfo. The project for building an oil refinery
    in Megri, Armenia, has yet to be considered, while the figures reported
    by some local mass media are strongly exaggerated, says the spokesman
    of the Armenian President Viktor Sogomonyan.

    The Armenian side has yet to negotiate the project with the Russian and
    Iranian sides. They have yet to decide how to use the refined oil.

    To remind, Russian sources have reported that Gazprom Neft is going to
    build an oil refinery in Armenia and an oil pipeline Iran-Armenia. The
    total cost of the project is $1.7bln + $1bln more on infrastructure.
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