Announcement

Collapse
No announcement yet.

Oil-Processing Factory Construction To Launch In 2009 In Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Oil-Processing Factory Construction To Launch In 2009 In Armenia

    OIL-PROCESSING FACTORY CONSTRUCTION TO LAUNCH IN 2009 IN ARMENIA

    PanARMENIAN.Net
    27.03.2009 18:55 GMT+04:00

    /PanARMENIAN.Net/ Energy Ministers and BSEC workgroup have agreed on
    construction of Meghri hydroelectric power station construction and
    Oil-processing factory in Armenia, RA Minister of Energy and Natural
    Resources Armen Movsisyan reported.

    According to him, Iran plans to invest $280 million into HPS Meghri
    construction, with Armenia to pay off with energy. Construction
    works are already launched - tunnel laying for the station will start
    before summer. Meghri HPS construction is scheduled to be completed
    in 5 years.

    Draft project on oil-processing factory construction in Armenia has
    been passed. The factory, planned as joint Armenian-Iranian venture
    is estimated at $250-280 million. According to Movsisyan, 1st work
    package of construction will commence within current year.
Working...
X