Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

Newsletter Signup
Critical Threats Quick Take List Signup
by jgambino | Fri, 2010-02-26 22:24
selected project

Armenia-Iran, Shahnazi-Zadeh Pipeline

view more projects

description

Armenia and Iran agreed to the construction of a 217 mile oil pipeline from the Tabriz refinery in Iran to Mughri in Armenia.  The pipeline will cost $350 million and have a capacity of 70,000 bbpd.  Armenia and Iran just completed a major gas pipeline; Armenia imports some 3 million cubic meters of gas per day. Russian energy giant Gazprom has recently announced that it wishes to take part in the construction of the pipeline as well. According to both Armenian and Iranian sources, construction on this pipeline should begin in the fall of 2010.

Status

  • Current Status:
  • Discussion Date:
  • Contract Date: Wed, 2010-02-24
  • Completion Date:

Citation

1. "Iran, Armenia to construct oil pipleline, terminal", Press TV, 24 February 2010, available at http://www.presstv.ir/detail.aspx?id=119369&sectionid=351020103.

2. "Iran eyes oil pipeline to Armenia", UPI, 24 February 2010, available at Lexis-Nexis database.

3. "Iran to build oil pipeline to Armenia", Ordon News, 26 February 2010, available at http://www.ordons.com/201002263063/iran-to-build-oil-pipeline-to-armenia....

4. "Armenia-Iran pipeline: Russian gas giant announces its participation in construction project", Armenia Now, June 1, 2010, available at http://armenianow.com/economy/23423/armeniairan_gas_pipeline_construction

5. "Construction of Iran-Armenia oil pipeline to kick off in fall", PanArmenian, July 14, 2010, available at http://www.panarmenian.net/eng/economy/news/51251/Construction_of_IranAr...

All projects by Gazprom