EBRD RECEIVES NO OFFER TO PARTICIPATE IN FUNDING OF ARMENIA-IRAN GAS
PIPELINE CONSTRUCTION

YEREVAN, APRIL 5, NOYAN TAPAN. The European Bank of Reconstruction
and Development (EBRD) has not received any offer to participate
in funding of the construction of Armenia-Iran gas pipeline. The
EBRD regional director Michael Dave stated this at the April 5 press
conference, adding that the reason for this is probably that Iran is
not a shareholder of the bank.