ARMENIA AND IRAN TO LAUNCH CONSTRUCTION OF OIL PIPELINE IN 2009
ArmInfo
2008-12-17 13:27:00
ArmInfo. Armenia and Iran will launch construction of oil pipeline
from Iranian Tabriz to the Armenian Yeraskh, Armenian Minister of
Energy and Natural Resources Armen Movsisyan told Iranian Foreign
Minister Manouchehr Mottaki Tuesday in Tehran, Armenian Public
Television reported.
Thus, Minister Movsisyan said petroleum and diesel will be delivered
from the oil processing plant in Tabriz to Armenia via the oil
pipeline. He said the opening of Armenian Consulate in Tabriz will
boost the cooperation of the two countries’ businessmen. The sides
discussed joint projects on construction of a hydro power plant on
the River of Araz, a third power line Iran-Armenia and the possibility
of Iran gas supply to Armenia.
‘Tehran supports the construction of oil and gas pipelines as well as
power stations and dams. We welcome any projects aimed at extension of
the cooperation’, Manoucherh Mottaki said. Earlier Armen Movsisyan said
that an oil processing plant with 7 million tons of annual capacity
was to be built in Yeraskh with participation of Armenia, Iran and
Russia. However, later Russia recognized that project marginal for
lack of relevant sales markets.