Iran to Supply Armenia with Gasoline, Diesel Oil

A senior Iranian oil official announced that his country is due to export 400,000 gallons of gasoline and diesel fuel 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 Alireza Zeighami 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 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 220-mile pipeline will transfer oil products from Tabriz to Yerevan.

Iran and Armenia have also expanded cooperation in power and gas swap in recent years.

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 220 kilowatts per hour at present.

Iran and Armenia have also expanded cooperation in power and gas swap in recent years.

Copyright 2010, Asbarez News. All rights reserved.