Middle East Economic Survey
Iran-Armenia Gas Pipeline Inaugurated By Presidents Ahmadinejad And Kocharian
Irans President Mahmoud Ahmadinejad and Armenias President Robert Kocharian on 19 March inaugurated the Armenian section of a 140km pipeline that will deliver up to 10mn cmd of Iranian gas to Armenia. The inauguration took place in the town of Meghri, near the Iranian border. The pipeline was said by the IRNA news agency to have cost $120mn to build, of which 85%...