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ARMENIA-IRAN PIPELINE: RUSSIAN GAS GIANT ANNOUNCES ITS PARTICIPATION IN CONSTRUCTION PROJECT
http://www.armenianow.com/economy/23423/armeniairan_gas_pipeline_construction
01.06.10 | 12:46
Economy
Russia's gas monopoly will take part in the construction of an oil
pipeline Iran-Armenia, Gazprom's Deputy Board Chairman Valeriy Golubev
said on Monday.
"This is a realistic project and we will take part in it," Golubev
told media while visiting the Hrazdan thermal power plant in Armenia.
According to him, Gazprom will take part in the construction through
its subsidiary - closely held joint-stock company ArmRosGazprom, which
has a monopoly on the supply and distribution of Russian natural gas
on the Armenian market. (Natural gas is delivered to Armenia by way
of transit via Georgia.)
As to plans for the construction of an oil refinery in the territory
of Armenia that have been discussed for several years, Golubev said
the project has been put on hold because of its unprofitability.
The press service of the Ministry of Energy and Natural Resources of
Armenia earlier reported that a joint Armenian-Iranian task group was
completing technical work on establishing the diameter of a future
oil pipeline from the refinery in the Iranian city of Tabriz to the
Armenian city of Yeraskh.
Armenia, Iran and Russia take part in the pipeline construction. The
estimated cost of the project is $200-$240 million, according to
RIA Novosti.
From: A. Papazian
http://www.armenianow.com/economy/23423/armeniairan_gas_pipeline_construction
01.06.10 | 12:46
Economy
Russia's gas monopoly will take part in the construction of an oil
pipeline Iran-Armenia, Gazprom's Deputy Board Chairman Valeriy Golubev
said on Monday.
"This is a realistic project and we will take part in it," Golubev
told media while visiting the Hrazdan thermal power plant in Armenia.
According to him, Gazprom will take part in the construction through
its subsidiary - closely held joint-stock company ArmRosGazprom, which
has a monopoly on the supply and distribution of Russian natural gas
on the Armenian market. (Natural gas is delivered to Armenia by way
of transit via Georgia.)
As to plans for the construction of an oil refinery in the territory
of Armenia that have been discussed for several years, Golubev said
the project has been put on hold because of its unprofitability.
The press service of the Ministry of Energy and Natural Resources of
Armenia earlier reported that a joint Armenian-Iranian task group was
completing technical work on establishing the diameter of a future
oil pipeline from the refinery in the Iranian city of Tabriz to the
Armenian city of Yeraskh.
Armenia, Iran and Russia take part in the pipeline construction. The
estimated cost of the project is $200-$240 million, according to
RIA Novosti.
From: A. Papazian