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Russia's Gazprom set to participate in Iran-Armenia gas pipelineproj

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  • Russia's Gazprom set to participate in Iran-Armenia gas pipelineproj

    Russia's Gazprom set to participate in Iran-Armenia gas pipeline project

    A1+ web site
    28 Sep 04

    The Russian and Armenian interparliamentary commission for
    economic issues is planning to discuss involvement of Russia's
    Gazprom company in the building of the Iran-Armenia gas pipeline in
    mid-October. Sources close to Gazprom report that the company wants
    to participate in the construction of the Armenian section of the
    gas pipeline from Megri to Yerevan via Kadzharan.

    The building cost of the gas pipeline across the Armenian territory
    will amount to 30m dollars, and this money has already been allocated
    from the Export Development Bank of Iran. Thus, Gazprom's participation
    in the gas pipeline project has become real.
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