Armenian Minister of Energy and Natural Resources Armen Movsisyan said Iran-Armenia oil pipeline construction work has begun According to the report of Armenian news agency "Arminfo", Movsisyan in a press conference in Yerevan, capital of Armenia, on Tuesday declared beginning of construction work of the pipeline and said the pipeline will transfer oil products such as gasoline and gas from Tabriz refinery to Armenia.
Iran and Armenia reached a primary agreement on construction of a 300-kilometer pipeline from Iranian northwestern city of Tabriz to the border city of Mughri, in Armenia in 2007.
Movsisyan estimated the construction expenditure about 240 million dollars which will be paid by Iran in the form of a loan.
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