Announcement

Collapse
No announcement yet.

Armenia, Iran boost energy cooperation

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia, Iran boost energy cooperation

    Armenia, Iran boost energy cooperation

    Public Television of Armenia, Yerevan
    21 Jun 04

    [Presenter] The Araks river is in the focus of the Armenian-Iran
    cooperation. Armenia and Iran agreed to jointly use the river's hydro
    [electrical generating] potential nine years ago. A joint commission
    was set up on in 2000 and after three years a scheme to use the river
    has been confirmed. The project includes the construction of two
    power stations, one on Armenian and one on Iranian territory. The
    Armenian Energy Ministry discussed the preparation of the joint
    Armenian-Iran programmes and the issues of the construction of the
    Megri hydro-electric power station during the meeting held in Syunik
    District.

    [Correspondent over video of power grids] The preparation works on the
    construction power stations on the Araks river are being completed. The
    construction site has already been confirmed. The sides will sign an
    agreement in two months and the station's ground stone will be laid in
    summer 2005. The power station will be constructed by Iranian financial
    means, estimated at about 40m dollars. This amount we [Armenia] shall
    return in the form of energy produced in the new power station. This
    is the third Armenian-Iran joint project. The first one was the
    Armenian-Iran high-voltage power station which was commissioned last
    year. The second line's construction followed the first one which is
    under construction and will be completed in the autumn.

    There are seven Armenian-Iran joint programmes in the energy
    industry. The construction of the Armenian-Iran gas pipeline' will
    also start soon. The agreement has already been signed, the financial
    sources are being confirmed and the preparation works are being
    completed. The construction of oil processing and chemical plants
    are possible plans.

    [Armenian Energy Minister, Armen Movsesyan, captioned] These seven
    programmes which we have with Iran in the energy industry are quite
    large, serious programmes. I think that all these programmes will
    be implemented.

    [Correspondent] Apart from the security issues in the field of energy,
    these programmes will also promote the development of other districts
    and the resolution of social problems, in particular, employment
    issues.

    Tereza Kasyan, "Aylur".
Working...
X