March 15, 2011 - 21:49 AMT
Iran pledges to be reliable gasoline exporter, including to Armenia

Managing Director of National Iranian Oil Products Distribution Company Farid Ameri said that the savings in oil products consumption in Iran totaled $1.8 billion, so that Iran will be a reliable gasoline exporter next year, according to IribNews agency.

Based on the agreement signed between Yerevan and Tehran, Iran will export 750,000 liters of gasoline and 750,000 liters of diesel oil to Yerevan on daily basis. By 2014, the 365 kilometer and 8 inch pipeline will transfer oil products from Tabriz to Yerevan.