Armenia looks for funds for Iran-Armenia gas pipeline, president says

Mediamax news agency
16 Apr 04

YEREVAN

Yerevan and Tehran have reached an agreement on beginning the
construction of the Iran-Armenia gas pipeline next year.

Armenian President Robert Kocharyan said this addressing a meeting of
the council on nuclear power security under the president, Mediamax
reports.

According to the president, the country’s authorities consider this
gas pipeline “as a means to enhance Armenia’s energy security and
diversify natural gas import”.

“At present, Armenia is drawing out different schemes of financing the
construction of this gas pipeline on its territory,” Robert Kocharyan
said.