New Iran-Armenia oil pipeline construction could launch in 2009

June 26, 2009 - 12:36 AMT
PanARMENIAN.Net - New Iran-Armenia oil pipeline construction could launch in 2009. According to the project, the republic which does not have its own raw product supplies could receive up to 8 000 tons of oil products daily, which could allow to decrease in transportation expenditures and internal market prices. The new project's implementation will allow alternative supply of petrol and diesel fuel to Armenia.



Recently Iran-Armenia gas pipeline has been put into operation, which allowed the import of around 7 million cubic meters of gas. Railway construction is being actively discussed, to open a way to Persian Gulf and Central Asian states for Armenia. A possibility of Turkmen gas supplies in case of lengthening of Iran-Armenia gas pipeline is being studied. The construction of the third electricity transmission line from Iran to Armenia has already started. The project will be conducted on regional scale to involve Georgia, RusEnergy reported.
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