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Armenia Hopes For Energy Export To Turkey, Armenian Leader States

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  • Armenia Hopes For Energy Export To Turkey, Armenian Leader States

    ARMENIA HOPES FOR ENERGY EXPORT TO TURKEY, ARMENIAN LEADER STATES

    news.am
    April 27 2010
    Armenia

    The international economic crisis affected energy and gas consumption
    in Armenia, but the recent economic activity is most likely to have
    a positive effect on it, RA President Serzh Sargsyan stated at a
    sitting of the Nuclear Energy Security Council on April 27.

    The President pointed out 5.5% GDP growth in the first quarter 2010.

    Speaking of the rise in the gas price from April 1, 2010, Serzh
    Sargsyan stressed that the RA Government objected to a rise in energy
    prices for social reasons. However, the Government decided to raise the
    price for the electric energy generated by the Armenian nuclear-power
    plant (NPP).

    The Armenian President emphasized the diversification of the energy
    sector and Armenia's regional energy integration. He pointed out
    that Armenia is actively working in this field under the EU Eastern
    Partnership program. "Armenia is closely cooperating with Iran, Georgia
    and Russia as part of regional energy integration," the Armenian leader
    said. He stressed that the reopening of the Armenian-Turkish border
    would facilitate regional economic and energy cooperation. However,
    said the President, the process was suspended because of the Turkish
    authorities' inactivity. But Armenia still hopes it will export its
    energy to Turkey and, through it, to the Middle East. In the context
    of regional energy integration, the Armenian President underlined
    the necessity for synchronizing the energy grids of Armenia, Iran
    and other states of the region. As regards measures to diversify the
    energy sector, President Serzh Sargsyan pointed out the construction of
    an Iran-Armenia gas main, a steam power plant at the Yerevan thermal
    power plant, as well as the construction of 400kwh electric grids in
    cooperation with Iran and Georgia.
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