April 9, 2012 - 13:24 AMT
Armenia to import oil products from Iran

Armenia has expressed interest in importing oil products from Iran, the managing director of the National Iranian Oil Products Distribution Company Jalil Salari said.

Mehr news agency (MNA) quoted Salari as saying that importing oil products from Georgia is not economically justified for Armenia. So, it has embarked on importing the products from Iran.

The Iranian private sector will transfer oil products to Armenia via road transportation fleet in the first phase, he said, adding that exports of oil products will be continued using pipelines, Tehran Times reports.

In February, Iranian and Armenian oil ministers signed an agreement, based on which Iran will supply Armenia with gasoline, gas oil, kerosene, and jet fuel.

Iran’s gasoline and gas oil production capacities are currently around 50 million liters and 100 million liters per day respectively.

Iran is now exporting gasoline and diesel fuel to neighboring countries, the managing director of the National Iranian Oil Refining and Distribution Company Alireza Zeighami said.

According to Zeighami, Iraq, Armenia, Afghanistan, and Pakistan are now importing or have called for the importation of gasoline and diesel fuel from Iran.