Armenia and Iran have a little dropped behind with oil pipeline construction schedule, RA Prime Minster said.

During an interview with Shant TV, Tigran Sargsyan cited “certain” developments in Iran as the reason behind the lag.

“The project is in implementation stage,” he said, adding that all the major economic projects with Iran remain in force, including the hydropower plant construction on Araks River.

Dwelling on Armenia’s handling the financial crisis, Prime Minster Sargsyan noted that Armenia restored all economic indices before the pre-crisis period. Hailing the effectiveness of RA government’s anti-crisis program, he said it was the biggest and the most successful program.