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Armenia And Iran Construct Oil Distribution Center Near Yerevan

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  • Armenia And Iran Construct Oil Distribution Center Near Yerevan

    ARMENIA AND IRAN CONSTRUCT OIL DISTRIBUTION CENTER NEAR YEREVAN

    The Messenger
    June 21 2011
    Georgia

    Iran and Armenia are carrying out negotiations to construct storage
    facilities and a distribution center for oil products near Yerevan.

    Different projects were considered in Armenia including the
    construction of an oil refinery. But Armenia's consumption is 12 000
    barrels of oil products daily and this is deemed to be too small an
    amount to justify the construction of an oil refinery. Thereafter the
    building of a huge storage facility near Yerevan was considered. The
    construction of this facility would mean simultaneous construction of
    appropriate infrastructure, railway tracks and roads. The possibility
    of transporting oil products from this storage facility into European
    countries via Georgia has also been mentioned.

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