Tehran Times
Dec 30 2004

Armenia on Iran-Russia fuel transit

YEREVAN (IRIB News) – Armenia is ready to join fuel transit plan
between the Islamic Republic of Iran and Russia.

Pointing to the transfer of energy Iran and Russia, an Armenian
official announced that running such joint projects will decrease
electricity production expenses for his country.

The official expressed his country willingness to set up railway and
Qajaran tunnel between Iran and Armenia.

Armenia has allocated 16 million dollars to the railway project.