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Iran, Armenia Build Joint Oil Pipeline

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  • Iran, Armenia Build Joint Oil Pipeline

    Moj News Agency, Iran
    March 8, 2009 Sunday



    Iran, Armenia Build Joint Oil Pipeline


    The pipeline will be used for oil transfer from Iran`s Tabriz to
    Armenia`s Yeraskh Armen Movsisyan said. "Construction of
    Tabriz_Yeraskh oil pipeline, which will pump oil products from a
    refinery in Tabriz to Yerash, will start in 2009," Movsisyan
    said. "The oil pipeline will first of all satisfy Armenia`s needs,
    including strengthening of energy security of the republic, reduction
    of transport expenses and establishment of competitive market prices,"
    he added. Movsisyan said that the construction will presumably cost
    $200-240 million. The passing-pipe size is 250 mm and length is 300
    km. 2009/03/08
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