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Construction Of The Second Section Of Iran-Armenia Gas Pipeline Unde

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  • Construction Of The Second Section Of Iran-Armenia Gas Pipeline Unde

    CONSTRUCTION OF THE SECOND SECTION OF IRAN-ARMENIA GAS PIPELINE UNDERWAY

    ArmInfo
    2007-06-26 16:36:00

    The construction of the second section of Iran-Armenia gas pipeline
    is underway, Armenian Prime Minister Serzh Sargsyan told Armenian
    MPs today.

    He said that the flow capacity of the second section is being
    increased.

    Armenia is ready to consider the possibility of using the pipeline
    as a transit route but this would require serious financing.

    To remind, the construction of the second section is being carried
    out by ArmRosgazprom. The company is going to spend on this project
    almost $140mln, to be received from the issue of additional shares.

    From: Emil Lazarian | Ararat NewsPress
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