Moj News Agency, Iran
March 8, 2009 Sunday

Iran, Armenia Build Joint Oil Pipeline

The pipeline will be used for oil transfer from Iran`s Tabriz to
Armenia`s Yeraskh Armen Movsisyan said. "Construction of
Tabriz_Yeraskh oil pipeline, which will pump oil products from a
refinery in Tabriz to Yerash, will start in 2009," Movsisyan
said. "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 added. Movsisyan said that the construction will presumably cost
$200-240 million. The passing-pipe size is 250 mm and length is 300
km. 2009/03/08