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Iran, Armenia To Build Oil Pipeline

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  • Iran, Armenia To Build Oil Pipeline

    From: "Katia M. Peltekian" <[email protected]>
    Subject: Iran, Armenia To Build Oil Pipeline

    Zawya, United Arab Emirates
    Dec 21 2008


    Iran, Armenia To Build Oil Pipeline


    21 December 2008

    Iran and Armenia will start building an oil pipeline in 2009 which
    starts from the Iranian city of Tabriz and continues to the Armenian
    city of Eraskh, a senior Iranian official said. The remarks were made
    during a meeting between Iranian Foreign Minister Manouchehr Mottaki
    and visiting Armenian Minister of Energy and Natural Resources Armen
    Movsisian.

    From Tabriz Oil Refinery, Armenia will receive benzene and diesel, and
    for facilitating business activities, Armenia will open a consulate in
    Tabriz. The Ministers also discussed the possibility of building a
    hydro electro power station on Aras River, Fars News Agency reported.

    Oil Refinery
    Earlier Movsisian stated that Iran, Armenia and Russia had planned to
    construct an oil refinery in the city of Eraskh. However, Russia later
    withdrew from the project, effectively frustrating it.

    Iranian Oil Minister Gholamhossein Nozari said that a ministry
    delegation will travel to Turkey to discuss construction of a pipeline
    to take Iran's gas to Europe. Nozari said Iran and Turkey are aiming
    to set up a joint venture for the construction of two pipelines
    transporting natural gas from the Islamic Republic to the Turkish and
    Greek borders.

    The joint venture was discussed as Nozari--en route to attend a
    crucial meeting of the Organization of Petroleum Exporting Countries
    (OPEC)Organization of Petroleum Exporting Countries (OPEC)--made a
    stop off in Ankara and met with his Turkish counterpart Hilmi Guler
    last Tuesday.

    The two ministers met in an effort to advance a broader memorandum of
    understanding, signed in November, which includes Turkish
    participation in developing three phases of the South Pars gas field.

    Nozari said that an oil ministry delegation will travel to Turkey by
    the end of next week to discuss construction of the pipeline and other
    details included in the agreement.

    Responding to a question on the level of Iranian natural gas exports
    to Europe, he said, "Within the framework of the agreement, it's been
    decided to guarantee the company constructing the pipeline, from the
    Iranian border to the Greek border, for delivery of 30 to 35 million
    cubic meters of gas a day."

    Peace Pipeline
    Meantime, Iran and India have resumed negotiation over the
    long-awaited 7.4 billion dollar Iran-Pakistan-India (IPI) gas pipeline
    project in New Delhi.

    Iranian Deputy Foreign Minister Mohammad Mehdi Akhoundzadeh met with
    Indian Foreign Minister Pranab Mukherjee to discuss ways to break the
    deadlock over the giant project also called the 'peace pipeline'.

    Tensions between India and Pakistan have hobbled talks on the peace
    pipeline, based on which Iran intends to supply gas to the two nuclear
    power rivals after laying a 2,600-kilometer pipeline. The IPI gas
    pipeline project has been delayed by repeated disputes over prices and
    transit fees.

    The pipeline is expected to initially transfer 60 million cubic meters
    of natural gas per day from Iran to Pakistan and India. Earlier, both
    sides decided to set up a trilateral ministerial mechanism to resolve
    obstacles facing the project.

    Under the mechanism, the meeting between India, Pakistan and Iran will
    be held to address different issues related to the plan. The decision,
    taken after a request from India to Iran, reflects New Delhi's
    willingness to go ahead with the project to fulfill its energy needs.

    In June, Pakistan Foreign Minister Shah Mahmood Qureshi, who met
    Indian Oil Minister Murli Deora, said that the two sides have resolved
    all bilateral issues.

    © Iran Daily 2008

    http://www.zawya.com/Story.cfm/sidZAWYA200812210 53401/Iran,%20Armenia%20To%20Build%20Oil%20Pipelin e

    From: Emil Lazarian | Ararat NewsPress
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