AHMADINEJAD ARRIVES IN ARMENIA TO INAUGURATE GAS PIPELINE
Islamic Republic News Agency, Iran
March 19 2007
President Mahmoud Ahmadinejad has arrived at an Armenian border town
for the inauguration of a newly constructed pipeline that will transfer
Iranian gas to Armenia.
The Iranian president and his Armenian counterpart, Robert Kocharyan,
will preside over the inauguration ceremony within the next few
minutes.
The 110km pipeline, 70km of which is within Iranian territory, is
40km from the Armenian border to the city of Kajaran.
Test operations on the project have been conducted. The project is
be delivered to Armenia within the next few months.
The pipeline has an approximate cost of USD 33 million, 85 percent
of which was financed by the Export Development Bank of Iran (EDBI)
with the remaining 15 percent put up by Yerevan.