Business Portal 24 (press release), Germany
March 18 2007
Iran, Armenia pipeline ready
2007/03/18 05:57
AMEInfo
Iran and Armenia are set to inaugurate a new gas pipeline between the
two countries, which will pump 1.1bn cubic metres of gas to the
former Soviet republic this year, according to a statement on Iran’s
Oil Ministry website and cited by Reuters. The volume of gas will
increase to 1.5bn cubic metres by 2015 and 2.3bn by 2026. The
pipeline was first approved over a decade ago.