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The Messenger, Georgia
May 5 2008
Armenian oil refinery project to cost USD 2 billion
By M. Alkhazashvili
(Translated by Diana Dundua)
Monday, May 5
The construction of a new oil refinery in Armenia will cost USD 2
billion, according to Armenian Energy Minister Armen Movsesyan.
The refinery, which will be built in Megri, on the Iranian border,
will process 7.5 million tons of oil annually, the news agency Regnum
reports.
The project is being jointly undertaken by Armenia, Iran and Russia
and will process Iranian oil.
May 5 2008
Armenian oil refinery project to cost USD 2 billion
By M. Alkhazashvili
(Translated by Diana Dundua)
Monday, May 5
The construction of a new oil refinery in Armenia will cost USD 2
billion, according to Armenian Energy Minister Armen Movsesyan.
The refinery, which will be built in Megri, on the Iranian border,
will process 7.5 million tons of oil annually, the news agency Regnum
reports.
The project is being jointly undertaken by Armenia, Iran and Russia
and will process Iranian oil.