By 2014 pipeline will transfer oil products from Tabriz to Yerevan
“Based on the agreement, Iran will export 750,000 liters of gasoline and 750,000 liters of diesel oil to Yerevan on daily basis,” Alireza Zeiqami Iranian Deputy Oil Minister and Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) stated.
Iranian “Fars” news agency reports that 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 Movsisian 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.