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Armenia Can Become Key Player On South Caucasus Energy Map

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  • Armenia Can Become Key Player On South Caucasus Energy Map

    ARMENIA CAN BECOME KEY PLAYER ON SOUTH CAUCASUS ENERGY MAP

    ARKA
    Dec 18, 2008

    YEREVAN, December 18. /ARKA/. Armenia is aware of a real opportunity
    to be involved in major regional energy projects and become one of
    the key players on the energy map of South Caucasus, General Director
    of ArmRosgasprom company Karen Karapetyan said.

    Not having own hydrocarbon resources and being a landlocked country,
    Armenia is still demonstrating a vivid example of successful solution
    to energy security problem against the background of complicated and
    ambiguous political and economic developments in the region, Karapetyan
    said at the international scientific conference on informational wars
    being held in Yerevan on December 18-19.

    To further raise the country's energy security level, a new-quality
    export policy should be developed at a government level to create
    opportunities for more active economic exchange between Armenia and
    the neighboring countries, he said.

    Armenia needs to take up an extremely pro-active position in
    development and consistent implementation of new regional projects with
    common interest for the countries of the region, he said adding that
    no alternative exists to regional cooperation, especially in energy
    sector, in the conditions of global financial and economic crisis.

    According to Karapetyan, with two gas pipelines and the underground gas
    storage capacity, as well as with its surplus competitive generating
    capacity, Armenia has all the chanc es to become a kind of liberal
    energy area for the region.

    This implies raising the country's energy security through formation
    of a competitive export market, state support to export-oriented
    energy projects with flexible price policy and concerted efforts of
    strategic partners to expand the regional cooperation in energy sector
    and to involve not only immediate neighbors, but also Turkmenistan,
    Iraq and other countries in it, General Director of ArmRosgasprom said.

    Among most important conditions for Armenia to be transformed to an
    energy "base" of the region Karapetyan mentioned further liberalization
    of foreign economic exchange, broader access to innovations and
    advanced technical standards and methods of state and corporate
    management in economy and real transfer to a new-quality export policy.

    The conference on informational wars was held on the 90th anniversary
    of Armenpress news agency.
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