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Armenia To Supply Energy To Turkey

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  • Armenia To Supply Energy To Turkey

    ARMENIA TO SUPPLY ENERGY TO TURKEY

    HULIQ
    June 3 2009
    SC

    Armenia, who is always being underestimated by it's oil rich neighbor
    Azerbaijan is slowly growing it's market share in supplying electricity
    to Iran, Georgia and now Turkey, with which a rapprochement policy
    has been in process.

    Corresponding works are underway in Armenia towards exporting
    energy to Turkey, Armenian Minister of Economy and Natural Resources
    Armen Movsisyan told reporters today. He noted, however, that the
    organization of the process of sale with Turkey was not that easy.

    "We have rather rich experience. We have worked with Georgia and Iran,
    but we have no experience of working with the corresponding system
    of Turkey. It requires juxtaposition of technical parameters," the
    Minister noted.

    Armen Movsisyan reminded that we have signed a contract with a Turkish
    commercial company, and any political preconditions are excluded.

    According to the Minister of Energy of Armenia, the global
    financial-economic crisis has not had an essential negative influence
    on Armenia's energy sector. "All the programs continue, there is
    no intention to suspend those. On the contrary, we have started
    implementing new projects," the Minister said.
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