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TBILISI: Delays In Iran-Armenia Oil Pipeline Construction

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  • TBILISI: Delays In Iran-Armenia Oil Pipeline Construction

    DELAYS IN IRAN-ARMENIA OIL PIPELINE CONSTRUCTION

    The Messenger
    Dec 24 2009
    Georgia

    Due to certain problems some Armenia and Iran joint energy projects
    have been delayed. Armenian Minister for Energy and Natural Resources
    Armen Movsisian had previously announced that construction of an
    oil pipeline from the Iranian city of Tabriz to the Armenian city of
    Eraskh would start by the end of 2009. 10% of this project would be
    owned by Russia.

    Armenia exports electricity to Iran in return for Iranian gas imports.

    It also conducts seasonal exchanges of electric energy with Georgia
    as well. Iran began exporting gas into Armenia from mid-May 2009.
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