Gazprom’s involvement in Iran-Armenia pipeline to be discussed

The Moscow Times

Hot News

Interfax. Monday, Sep. 27, 2004, 9:36 PM Moscow Time

YEREVAN. Sept 27 (Interfax) – The Russian-Armenian interparliamentary
commission on economic cooperation is planning to discuss the
involvement of Russia’s Gazprom in the construction of the gas
pipeline connecting Iran and Armenia in mid-October, a source in
the Armenian government told Interfax. Gazprom intends to offer its
cooperation on the construction of the 41 km long Armenian section
of the pipeline connecting the town of Megri (located on the Iranian
border) to the town of Kadzharan (320 km southeast of Yerevan) and
also on the reconstruction of the pipeline connecting Kadzharan and
Yerevan (which has a pipe diameter of 500 to 700 mm).

The cost of building the Armenian section of the pipeline exceeds the
$30 million loan provided for this purpose by the Export Development
Bank of Iran, which increases Gazprom’s chances of participating in
the project

From: Emil Lazarian | Ararat NewsPress