Armenia to build pipeline from Iran's Tafriz refinery

Mar 13, 2009 01:00 AM

The Armenian government announced on March 10 to build a pipeline from Iran's Tafriz petroleum refinery to Armenia's Yeraskh in order to acquire benzene and petroleum to fulfil their domestic demand.
The Minister of Oil and natural gas resources indicated that the project will lower down their import cost of Petroleum. The total estimated investment is $ 200 to $ 240 mm.

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