In 2009, Armenia and Iran to begin construction of an oil pipeline from the Iranian city of Tabriz to the Armenian Erash, said Minister of Energy and Natural Resources of Armenia Armen Movsisyan.Movsisyan said that by pipeline to a refinery in Tabriz to Armenia will be gasoline and diesel fuel. The Minister noted that the opening of the Armenian Consulate in Tabriz will enhance cooperation between entrepreneurs of the two countries. This was discussed at the Tehran meeting Armen Movsesian with Iranian Foreign Minister Manouchehr Mottaki.Storony discussed joint projects to build a hydroelectric power station on the Araks River, the third Iran-Armenia power transmission lines and the ability to supply Iranian gas to Armenia. “The construction of oil and gas pipelines, as well as power plants and dams are supported by Tehran. We welcome all projects aimed at increasing cooperation and implementing joint projects with Armenia “, – said Manouchehr Mottaki.Ranee Armen Movsisyan reported that Erashe be built with the participation of Armenia, Iran and Russia refinery capacity of 7 million tons per year. However, it later was found the Russian side economically inefficient due to lack of markets for such a volume of petroleum products, said agency ArmInfo.
