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ANKARA: Armenian Venture Into Iranian Gas In Pipeline

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  • ANKARA: Armenian Venture Into Iranian Gas In Pipeline

    ARMENIAN VENTURE INTO IRANIAN GAS IN PIPELINE

    Hurriyet
    Dec 24 2008
    Turkey

    YEREVAN - Construction is to begin next year on a pipeline to deliver
    petrol and diesel from Iran to Armenia, the Armenian Energy Minister
    Armen Movsisian said Monday.

    The 300 kilometer pipeline will run from the Iranian city of Tabriz
    to the Armenian city of Eraskh, where a terminal is to be built,
    Movsisian said at a press conference. "Armenia will receive petrol
    and diesel fuel from the oil refinery located in the Iranian city of
    Tabriz through the pipeline, construction of which starts next spring,"
    he said.

    Movsisian said the pipeline would take two years to complete and each
    country would pay half the $200-240 million cost. He said the project
    was part of efforts by Armenia to diversify its energy supplies, in
    particular after the war in neighboring Georgia in August disrupted
    Russian supplies to Armenia.

    "In order to guarantee the country's energy security we are moving
    toward the diversification of energy supplies," he said.

    Armenia and Iran last year inaugurated a 150-kilometer pipeline
    intended to deliver 36 billion cubic meters of gas from Iran to Armenia
    over 20 years. It has yet to start operations. Landlocked Armenia
    suffers from an economic blockade imposed by neighbors Azerbaijan and
    Turkey over the disputed Nagorno-Karabakh region and its efforts to
    gain recognition of Ottoman-era mass killings of Armenians as genocide.
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