TASK GROUP FOR OIL REFINERY CONSTRUCTION IN ARMENIA TO MEET IN SEPT
ARKA
July 30, 2008
YEREVAN, July 30. /ARKA/. The task group for the construction of an
oil refinery in Armenia is to hold its regular meeting this September.
Ra minister of Energy and Natural Resources Armen Movsisyan reported
that task groups continue working at the project.
He pointed out that the task group is to sum up the results of the
previous work and specify the further programs, particularly the
project implementation terms, Movsisyan said.
The construction project is estimated at $2.5-$3bln and is to last
for several years. Under an advance arrangement, the project is to
be confounded by Armenia, Iran and Russia.
Technical evaluation of the project is currently under way. An
Armenian-Russian-Iranian task group has been formed to deal with
project management issues.