  Iran-Armenia oil pipeline construction to start in 2009March 7, 2009 - 21:23 AMT PanARMENIAN.Net - Construction of Tabriz (Iran)-Yeraskh (Armenia) oil pipeline, which will pump oil products from a refinery in Tabriz to Armenia, will start in 2009, RA Minister of Energy and Natural Resources said."The oil pipeline will first of all satisfy Armenia's needs, including strengthening of energy security of the republic, reduction of transport expenses and establishment of competitive market prices," Armen Movsisyan told journalists today. Earlier, Minister Movsisyan stated that the construction will presumably cost $200-240 mln. The passing-pipe size is 250 mm and length is 300 km.   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 |  Related sections Latest news “By Your Side”: IDBank's new support program for displaced Artsakh citizens  IDBank is launching a long-term social support program for forcibly displaced Artsakh residents.The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. |
