Armenian Official Denies Pipeline deal

MSN Money
April 7 2006

Armenian Official Denies Pipeline deal

All Associated Press News

YEREVAN, Armenia (AP) – Armenia’s energy minister denied Friday that
the impoverished Caucasus Mountain nation had struck a deal with
Russia’s state-run gas monopoly to hand it control of part of a new
Armenian-Iranian gas pipeline.

OAO Gazprom a day earlier announced that it had struck a 25-year-deal
giving Gazprom’s Armenian joint venture ownership rights to the
Armenian segment of a planned pipeline bringing Iranian gas to the
country and an electricity power generating unit.