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Kocharian And Energy Minister Discuss Aftereffects Of Gas Price Hike

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  • Kocharian And Energy Minister Discuss Aftereffects Of Gas Price Hike

    KOCHARIAN AND ENERGY MINISTER DISCUSS AFTEREFFECTS OF GAS PRICE HIKE AND RENEWABLE ENERGY

    Armenpress
    Mar 29 2006

    YEREVAN, MARCH 29, ARMENPRESS: President Robert Kocharian and energy
    minister Armen Movsisian discussed today a wide scope of issues
    pertaining to ongoing construction of Iran-Armenia gas pipeline and
    mechanisms that can mitigate the aftereffects of imminent gas price
    hike to become effective from April 1.

    Kocharian's press office said it was decided to continue talks with
    the Russian side and present a follow-up package of proposals to the
    public after reconciling them with the president of the country.

    Movsisian was quoted as saying that the construction of Iran-Armenia
    gas pipeline will be over in autumn.

    Also a set of issues on renewable energy, particularly, on construction
    of small hydro power plants, was discussed. The minister briefed the
    president on the pace of construction of 38 such stations. He said
    with the current rate of construction of small power plants they will
    be able to produce 500 million k/hours of electricity that makes 10
    percent of the domestic demand.
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