Delays in Iran-Armenia oil pipeline construction
By Messenger Staff
Thursday, December 24Due to certain problems some Armenia and Iran joint energy projects have been delayed. Armenian Minister for Energy and Natural Resources Armen Movsisian had previously announced that construction of an oil pipeline from the Iranian city of Tabriz to the Armenian city of Eraskh would start by the end of 2009. 10% of this project would be owned by Russia.
Armenia exports electricity to Iran in return for Iranian gas imports. It also conducts seasonal exchanges of electric energy with Georgia as well. Iran began exporting gas into Armenia from mid-May 2009.