Announcement

Collapse
No announcement yet.

Iran to Armenia oil pipeline construction work begins

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Iran to Armenia oil pipeline construction work begins

    SteelGuru, India
    March 28 2009


    Iran to Armenia oil pipeline construction work begins


    IRNA cited Mr Armen Movsisyan minister of energy and Natural Resources
    of Armenian as saying that Iran to Armenia oil pipeline construction
    work has begun.

    Mr Movsisyan in a press conference in Yerevan declared beginning of
    construction work of the pipeline and said that the pipeline will
    transfer oil products such as gasoline and gas from Tabriz refinery to
    Armenia.

    Iran and Armenia reached a primary agreement on construction of a 300
    kilometer pipeline from Iranian northwestern city of Tabriz to the
    border city of Mughri, in Armenia in 2007.

    Mr Movsisyan estimated the construction expenditure about USD 240
    million which will be paid by Iran in the form of a loan.
Working...
X