  Iran to export 1.5mln liters of gasoline, diesel oil to Armenia on daily basis  February 13, 2011 - 17:16 AMTPanARMENIAN.Net - A senior Iranian oil official announced that the country is due to export 1.5 million liters of gasoline and diesel oil to Armenia each day. "Based on the agreement, Iran will export 750,000 liters of gasoline and 750,000 liters of diesel oil to Yerevan on daily basis," Iranian Deputy Oil Minister and Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Alireza Zeiqami stated. Late in January, Iranian Oil Minister Massoud Mir-Kazzemi announced that Iran and Armenia plan to construct a new oil pipeline to increase energy supply to the Caucasian state. Speaking on the sidelines of a meeting with visiting Armenian Minister of Energy and Natural Resources Armen Movsisyan in Tehran, Mir-Kazzemi said that the pipeline will begin from Iran's Northwestern city of Tabriz and stretch toward the Armenian border. The minister added that the pipeline can help Armenia meet parts of its needs for oil products from the Islamic Republic. He added that the two sides will finalize the volume and the value of the exports of oil products during a meeting in the near future. By 2014, the 365 kilometer, 8 inch pipeline will transfer oil products from Tabriz to Yerevan. Iran and Armenia have also expanded cooperation in power and gas swap in recent years, Fars News Agency reported. Iran mainly exports natural gas to Armenia and imports power supplies from the Caucasian state through two transfer lines with a total power transfer capacity of 220kw/ph at present.   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 |  Latest news Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months  The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan.Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem."U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says.Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. |
