PanARMENIAN.Net
Iran-Armenia oil pipeline construction to start in 2009
07.03.2009 21:23 GMT+04:00
/PanARMENIAN.Net/ Construction of Tabriz (Iran)-Yeraskh (Armenia) oil
pipeline, which will pump oil products from a refinery in Tabriz to
Armenia, will start in 2009, RA Minister of Energy and Natural
Resources 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,"
Armen Movsisyan told journalists today.
Earlier, Minister Movsisyan stated that the construction will
presumably cost $200-240 mln.
The passing-pipe size is 250 mm and length is 300 km.
From: Emil Lazarian | Ararat NewsPress