NEGOTIATION ON FINANCING OF CONSTRUCTION OF SECOND SECTION
OF GAS PIPE-LINE IRAN-ARMENIA TO BE FINISHED SOON
YEREVAN, JUNE 23. ARMINFO. The negotiations on financing of the
construction of the second section of the gas pipe-line Iran-Armenia
will be over in the nearest future. Deputy Energy Minister of Armenia
Areg Galstian informed journalists during the briefing, Thursday.
According to him, this project is basic in the concept of the energy
development of Armenia till 2025, approved by the Government of the
republic Thursday. It is divided into two sections on probation – the
first one from Meghri to Kajaran, and the second – from Kajaran to
Ararat. The construction of the first section, which is being
continued intensively, started in Nov of last year. It is implemented
through the credit of Iran’s Government worth $30 mln. The Iranian
company Sanir is the general contractor is the project. The deputy
minister reminded that the whole project will be implemented till
2007. Negotiations for attraction of investors for construction of
the second section are in process now.
From: Emil Lazarian | Ararat NewsPress