PanARMENIAN.Net

Baku going to hamper Iran-Armenia oil pipeline construction
09.03.2009 15:46 GMT+04:00

/PanARMENIAN.Net/ Official Baku and Azerbaijanis in Tabriz will try to
hamper construction of Iran-Armenia oil pipeline, said Sabit Bagirov,
head of Baku-based center of political and economic studies.

`If Iran and Armenia have really reached an agreement, its
implementation will take time but at the same time it will help reduce
the cost of Iranian oil for Armenia,’ he said, adding that official
Baku will spare no effort to hamper the project, 1 news.az reports.

Earlier, RA Minister of Energy and Natural Resources Armen Movsisyan
said construction of Tabriz (Iran)-Yeraskh (Armenia) oil pipeline,
which will pump oil products from a refinery in Tabriz to Armenia,
will start in 2009.

"The oil pipeline will first of all satisfy Armenia’s needs, including
strengthening of energy security of the republic, reduction of
transport expenses and establishment of competitive market prices," he
said.

The construction will presumably cost $200-240 mln. The passing-pipe
size is 250 mm and length is 300 km.