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Task Group For Oil Refinery Construction In Armenia To Meet In Sept

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  • Task Group For Oil Refinery Construction In Armenia To Meet In Sept

    TASK GROUP FOR OIL REFINERY CONSTRUCTION IN ARMENIA TO MEET IN SEPT

    ARKA
    July 30, 2008

    YEREVAN, July 30. /ARKA/. The task group for the construction of an
    oil refinery in Armenia is to hold its regular meeting this September.

    Ra minister of Energy and Natural Resources Armen Movsisyan reported
    that task groups continue working at the project.

    He pointed out that the task group is to sum up the results of the
    previous work and specify the further programs, particularly the
    project implementation terms, Movsisyan said.

    The construction project is estimated at $2.5-$3bln and is to last
    for several years. Under an advance arrangement, the project is to
    be confounded by Armenia, Iran and Russia.

    Technical evaluation of the project is currently under way. An
    Armenian-Russian-Iranian task group has been formed to deal with
    project management issues.
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