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Premier: Industrial Potential Of Gas Fields Need To Be Evaluated In

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  • Premier: Industrial Potential Of Gas Fields Need To Be Evaluated In

    PREMIER: INDUSTRIAL POTENTIAL OF GAS FIELDS NEED TO BE EVALUATED IN ARMENIA

    ARKA
    March 13, 2008

    YEREVAN, March 13. /ARKA/. Industrial potential of gas fields need to
    be evaluated in Armenia, the country's Prime-Minister Serge Sargsian
    said at his meeting with students.

    He said experts do not leave out the possibility of oil fields in
    Armenia either, Sargsian said. But maybe they are much deeper than
    expected in the beginning or exploratory works are not carried out at
    the required level, Sargsian said. Yet, according to him, the fields
    are not that promising.

    Earlier, Armenia's Minister of Energy Armen Movsisian said that
    exploratory works are being carried out to establish oil and gas
    fields. He also said that Backstairs Energy Irish company is conducting
    geophysical research, prospecting seismology and other preparatory
    works for oil fields in the center and south of the country.

    For gas fields prospecting works are carried out by Canadian Transeuro
    Energy in Armavir region of the country (south).
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