Iran, Armenia discuss details of 25-year deal for gasJanuary 16, 2011 - 16:13 AMT PanARMENIAN.Net - Officials of Iran and Armenia reviewed exports of oil products from the Islamic Republic to Armenia. The swapping of natural gas and electricity, as well as building a pipeline to transfer gasoline and diesel oil from Iran to Armenia, were top on the agenda in the officials' meeting. Iranian Deputy Oil Minister Alireza Zeighami, who is leading a delegation to Armenia, met the Armenian Energy Minister Armen Movsesyan. Zeighami said that in their three-day meetings the two sides discussed details of the gas deal which will last for 25 years. By 2014, a 365 kilometer, 8 inch pipeline will transfer oil products from Tabriz to Yeravan. In the meeting they also reviewed matters regarding the 400kW electricity line which was recently inaugurated by prominent figures of the two neighboring states. Iran and Armenia's cooperation covers a vast range of fields, including a natural gas pipeline, oil pipeline, railway tracks, Aras hydro-electric power plant, high voltage power line and other significant projects, Tehran Times reported. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |