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ANKARA: Armenia Ready To Supply Electricity In March

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  • ANKARA: Armenia Ready To Supply Electricity In March

    ARMENIA READY TO SUPPLY ELECTRICITY IN MARCH

    Today's Zaman
    Nov 26 2008
    Turkey

    Armenia is ready to start supplying its neighbor Turkey with
    electricity as early as March, an Armenian minister has said.

    Armen Movsisian, Armenia's minister of energy and natural resources,
    said technical preparations for the sale of electricity to Turkey
    were still under way and that they were expected to be completed
    within the next six months, Armenian news agencies have reported. The
    electricity purchase comes as part of a deal between the two sides
    signed in September and is seen as a concrete step in the direction
    of normalization of ties between the two estranged neighbors.

    Under the agreement, signed by Armenia's Energy Ministry, Electricity
    Networks of Armenia (ENA) and the Turkish electricity trading company
    UNIT, Armenia is to start supplying 1.5 billion kilowatt hours of
    electricity a year and will eventually increase this annual volume
    to 3.5 billion.

    Movsisian said the export of Armenian electricity to Turkey may begin
    on March 1 if Ankara completes all the required technical and legal
    arrangements by then. "A few days ago we received information from
    the Turkish side that the work is on its due course," the Armenian
    minister said. "We don't have any major work to be done on our part
    and expect to start the export of electricity at the planned time."

    From: Emil Lazarian | Ararat NewsPress
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