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Work on Iran-Armenia pipeline concludes

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  • Work on Iran-Armenia pipeline concludes

    United Press International
    Sept 12 2008


    Work on Iran-Armenia pipeline concludes

    YEREVAN, Armenia, Sept. 12


    Construction on a natural gas pipeline from Iran to Armenia to
    transport 81 billion cubic feet of gas has been concluded, Armenian
    energy officials said Friday.

    Armenian Energy Minister Armen Movsisyan said the pipeline is
    important to secure energy supplies for his country, noting testing
    would commence in the coming days, Trend Capital News said.

    "The opening of the Iranian-Armenian pipeline will guarantee the
    energy safety of Armenia," he said. "Armenia will receive from 2.3
    billion to 2.5 billion cubic meters of gas from Tehran through this
    pipeline a year."

    Movsisyan added the Armenian government was entering into trilateral
    talks with Iran and Russia on the construction of an oil refinery and
    examinations of a new oil pipeline.

    The planned $2.5 billion Armenian refinery would have the capacity to
    produce around 50 million barrels of oil per year.
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