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Armenia And Iran To Launch Construction Of Oil Pipeline In 2009

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  • Armenia And Iran To Launch Construction Of Oil Pipeline In 2009

    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.
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