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European Union To Continue Assisting Armenia With Energy Programs

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  • European Union To Continue Assisting Armenia With Energy Programs

    EUROPEAN UNION TO CONTINUE ASSISTING ARMENIA WITH ENERGY PROGRAMS

    Noyan Tapan
    Nov 01 2006

    YEREVAN, NOVEMBER 1, NOYAN TAPAN. The European Union did not give up
    its condition that it will invest 100 million euros for increasing
    Armenia's energy capacities before the closure of the Armenian
    nuclear power plant until donors are found to make investments for
    this purpose. Karen Chshmaritian, RA Minister of Trade and Economic
    Development, Co-chairman of the EU-Armenia Cooperation Council,
    stated this during the October 31 press conference. Responding to NT
    correspondent's question, he said that the EU is consistent in the
    issue of convening a conference of donors for this aim. According
    to K. Chshmaritian, the RA Ministry of Energy is also consistent
    in the implementation of this plan. "I think we'll soon hear about
    it," he noted. In his words, the Ministry of Energy has developed
    some programs on enhancing the country's energy capacities before
    the closure of the Armenian nuclear power plant (ANPP). He assured
    that the EU will continue providing funds for increasing the safety
    of the nuclear power plant. These funds are included in the ANPP's
    budget. The minister said that the EU will continue assisting Armenia
    with its programs on use of alternative energy sources. In particular,
    the opportunities of using the geothermal energy in the south of
    Armenia are now being explored. At the October 25 meeting of the
    EU-Armenia Cooperation Council in Brussels, an agreement was reached
    to continue the cooperation for securiing the safety of the Armenian
    nuclear power plant and using alternative energy sources in Armenia.
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