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Armenian ArmRosgasprom To Be Ready To Export Electric Power Upon Lau

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  • Armenian ArmRosgasprom To Be Ready To Export Electric Power Upon Lau

    ARMENIAN ARMROSGASPROM TO BE READY TO EXPORT ELECTRIC POWER UPON LAUNCHING 5TH UNIT OF HRAZDAN THERMAL PLANT

    ARKA
    Oct 20, 2009

    YEREVAN, October 20. /ARKA/. Armenian ArmRosgasprom will be ready
    to start exporting electric power immediately after launching the
    fifth unit of Hrazdan Thermal Plant in July 2010, Karen Karapetyan,
    ArmRosgazprom's director general and board chairman, said Tuesday
    answering ARKA News Agency's question.

    The fifth unit belonging to ArmRosgazprom will add 480 megawatt to
    Armenia's thermal capacity.

    Karapetyan said the company has preliminary export agreements, but
    refrained from indicating particular countries and volumes.

    He said that this would be announced soon.

    "Armenia's all neighbors suffer an electric power shortage, while
    Armenia has sufficient capacity for generating and exporting electric
    energy."

    He said that Armenia can export total of 6 billion and more
    kilowatt/hours a year to Georgia, Turkey and Iran.

    ArmRosgazprom CJSC enjoys the sole right for importing and distributing
    Russia gas in Armenia.

    Russia conveys its gas to Armenia through Georgia's territory

    The company was established in 1997.

    Russian Gazprom holds 80% of the company's shares, and the remaining
    20% belong to Armenian government.
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