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SteelGuru, India
Sept 19 2010
Armenia and Iran to construct gas pipeline
This autumn Iran and Armenia are planning to build a new pipeline that
will carry Iranian petrol and diesel to Armenia. The pipeline
construction is expected to last 2 years and cost USD 160 million to
180 million.
Armenia will make no direct investments as such, its investments will
be made again by the Iranian side with Armenia to compensate the
former by the revenues the pipeline will bring about as soon as
exploited.
With the pipeline in place Armenia plans to import petrol and diesel
at an unprecedented self cost. This pipeline will enable Armenia to
import fuel at a price sold in the Persian Gulf.
A few years ago the project was considered improbable with many
skeptics saying the project will go much in the same way as the
contraction of the Iran-Armenia gas pipeline.
(Sourced from Newz)
From: A. Papazian
Sept 19 2010
Armenia and Iran to construct gas pipeline
This autumn Iran and Armenia are planning to build a new pipeline that
will carry Iranian petrol and diesel to Armenia. The pipeline
construction is expected to last 2 years and cost USD 160 million to
180 million.
Armenia will make no direct investments as such, its investments will
be made again by the Iranian side with Armenia to compensate the
former by the revenues the pipeline will bring about as soon as
exploited.
With the pipeline in place Armenia plans to import petrol and diesel
at an unprecedented self cost. This pipeline will enable Armenia to
import fuel at a price sold in the Persian Gulf.
A few years ago the project was considered improbable with many
skeptics saying the project will go much in the same way as the
contraction of the Iran-Armenia gas pipeline.
(Sourced from Newz)
From: A. Papazian