It is reported that Iran is planning to construct a pipeline from its Tabriz refinery to Armenia to increase gasoline and gas exports to the country.

Mr Noureddin Shahnazi Zadeh deputy oil minister of Iran said that the 2 sides have agreed on a contract for the construction of 350 kilometers pipeline and terminal on the border shared by the 2 countries.

Mr Shahnazi Zadeh said that the construction of the joint pipeline needs an investment of USD 350 million.

In 2007, Iran and Armenia reached a primary agreement on construction of the pipeline from the Iranian northwestern city of Tabriz to the border city of Mughri, Armenia.

(Sourced from Pipelines International)