Iran, Armenia discuss details of 25-year deal for gasJanuary 16, 2011 - 16:13 AMT PanARMENIAN.Net - Officials of Iran and Armenia reviewed exports of oil products from the Islamic Republic to Armenia. The swapping of natural gas and electricity, as well as building a pipeline to transfer gasoline and diesel oil from Iran to Armenia, were top on the agenda in the officials' meeting. Iranian Deputy Oil Minister Alireza Zeighami, who is leading a delegation to Armenia, met the Armenian Energy Minister Armen Movsesyan. Zeighami said that in their three-day meetings the two sides discussed details of the gas deal which will last for 25 years. By 2014, a 365 kilometer, 8 inch pipeline will transfer oil products from Tabriz to Yeravan. In the meeting they also reviewed matters regarding the 400kW electricity line which was recently inaugurated by prominent figures of the two neighboring states. Iran and Armenia's cooperation covers a vast range of fields, including a natural gas pipeline, oil pipeline, railway tracks, Aras hydro-electric power plant, high voltage power line and other significant projects, Tehran Times reported. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Turkey condemns Uruguay’s recognition of Armenian Genocide Turkey has condemned a newly passed law in Uruguay that recognizes the Armenian Genocide, TRT reports. IDBank, Dalma team up for Caucasian Deer Reintroduction Program IDBank has joined Dalma Garden Mall’s Green Challenge to support the Caucasian red deer reintroduction project. Through Ucom’s support the 12th Sunchild Festival concludes On May 24-28, with the support of Ucom, the 12th international environmental festival Sunchild took place in Yerevan. U.S., Turkey emphasize importance of Armenia-Azerbaijan peace deal Jake Sullivan and Akif Cagatay Kilic have discussed the normalization process between Armenia and Azerbaijan. |