news.am, Armenia
June 18 2011
Armenia and Iran negotiating upon construction of oil products
transportation center
June 17, 2011 | 22:47
Armenia and Iran are currently negotiating upon construction of
pipeline to transport Iranian oil products to Armenia.
Moreover, the construction plan of new storage for oil products and
distribution center in Yerevan city area is in the process of
negotiations, said the director-general of National Iranian Oil
Refining and Distribution Company Jalil Salari to Mehr news agency.
According to him, at Armenia consumes an average of 12 thousand
barrels per day, and this figure is expected to reach 22 thousand
barrels. Salari added that in recent years the possibility of
constructing an oil refinery in Armenia has been discussed with
participation of Iranian companies and Russian Gazprom but due to the
fact that construction of such enterprises with a treatment capacity
less than 100 thousand barrels is unprofitable, the project has been
shut down.
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