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Monday, 03 July 2006
GAZPROM TO BUY GAS PIPELINE CONNECTING IRAN/ARMENIA
By empty (7/3/2006 issue of the CACI Analyst)
Gazprom plans to buy a pipeline being built from Iran to Armenia and complete the link\'s construction. Gazprom would pay about $30 million to Armenia to gain control of the project and spend about $100 million to complete the link, deputy CEO Alexander Ryazanov said Friday. The pipeline would carry as much as 1.
Gazprom plans to buy a pipeline being built from Iran to Armenia and complete the link\'s construction. Gazprom would pay about $30 million to Armenia to gain control of the project and spend about $100 million to complete the link, deputy CEO Alexander Ryazanov said Friday. The pipeline would carry as much as 1.2 billion cubic meters a year of gas from Iran to Armenia, he said. (Bloomberg)