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Iran-Armenia oil pipeline construction to start in 2009

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  • Iran-Armenia oil pipeline construction to start in 2009

    PanARMENIAN.Net

    Iran-Armenia oil pipeline construction to start in 2009
    07.03.2009 21:23 GMT+04:00

    /PanARMENIAN.Net/ Construction of Tabriz (Iran)-Yeraskh (Armenia) oil
    pipeline, which will pump oil products from a refinery in Tabriz to
    Armenia, will start in 2009, RA Minister of Energy and Natural
    Resources said.

    "The oil pipeline will first of all satisfy Armenia's needs, including
    strengthening of energy security of the republic, reduction of
    transport expenses and establishment of competitive market prices,"
    Armen Movsisyan told journalists today.

    Earlier, Minister Movsisyan stated that the construction will
    presumably cost $200-240 mln.

    The passing-pipe size is 250 mm and length is 300 km.

    From: Emil Lazarian | Ararat NewsPress
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