ENERGY: Iran, Armenia Build Joint Oil Pipeline (groong.usc.edu)

The pipeline will be used for oil transfer from Iran`s Tabriz to Armenia`s Yeraskh Armen Movsisyan said. "Construction of Tabriz_Yeraskh oil pipeline, which will pump oil products from a refinery in Tabriz to Yerash, will start in 2009," Movsisyan said. "The oil pipeline will first of all satisfy Armenia`s needs, including strengthening of energy security of the republic, reduction of transport expenses and establishment of competitive market prices," he added. Movsisyan said that the construction will presumably cost $200-240 million. The passing-pipe size is 250 mm and length is 300 km. 2009/03/08

source: groong.usc.edu