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ARMENIA'S JOINING ENERGY COMMUNITY TREATY TO ENHANCE METHODOLOGICAL AND PRACTICAL ASSISTANCE FROM MEMBER COUNTRIES
ARKA
Oct 26, 2011
YEREVAN, October 26. / ARKA /. Armenia's joining the Energy
Community Treaty will enhance its ability to obtain methodological
and practical assistance from member countries, Levon Vardanyan, head
of a department of Armenian energy and natural resources ministry,
said to ARKA. Mr. Vardanyan is also the coordinator of INOGATE program
in Armenia.
Armenia gained observer status in the Energy Community Treaty at a
meeting of the Council of Ministers of the Energy Community Treaty
in Chisinau, Moldova, October 6.
The aim of the Energy Community Treaty is to establish a fully
integrated energy market in the region of the South-Eastern Europe,
compatible with the same market rules and standards of the EU's single
energy market. The Treaty also offers a framework for attracting
investment in energy infrastructures of the region, integration with
the EU's internal energy market, enhancing competition, improving
the environmental situation, and enhancing the security of supply.
"This new status means that we have new commitments regarding joining
new energy markets," Vardanyan said to journalists at the presentation
of INOGATE program.
He said one of the positive outcomes of INOGATE is achieving the
required level of understanding in the organization of power markets,
application of operations standards and aspects of cooperation between
the countries involved in INOGATE.
"Thanks to the program we started talking to each other in a common
language," he said.
INOGATE was started in 2004 and since 2006 it began to implement
regional projects. The program assists the Black Sea and Caspian
countries in the formation of energy markets, similar to the European,
and securing investments in the energy sector.
The Energy Community Treaty of Southeast Europe was formed in 2005. It
was signed by EU, Albania, Bulgaria, Bosnia and Herzegovina, Kosovo,
Macedonia, Romania, Serbia, Croatia and Montenegro, Moldova joined
in 2010.
From: A. Papazian
ARKA
Oct 26, 2011
YEREVAN, October 26. / ARKA /. Armenia's joining the Energy
Community Treaty will enhance its ability to obtain methodological
and practical assistance from member countries, Levon Vardanyan, head
of a department of Armenian energy and natural resources ministry,
said to ARKA. Mr. Vardanyan is also the coordinator of INOGATE program
in Armenia.
Armenia gained observer status in the Energy Community Treaty at a
meeting of the Council of Ministers of the Energy Community Treaty
in Chisinau, Moldova, October 6.
The aim of the Energy Community Treaty is to establish a fully
integrated energy market in the region of the South-Eastern Europe,
compatible with the same market rules and standards of the EU's single
energy market. The Treaty also offers a framework for attracting
investment in energy infrastructures of the region, integration with
the EU's internal energy market, enhancing competition, improving
the environmental situation, and enhancing the security of supply.
"This new status means that we have new commitments regarding joining
new energy markets," Vardanyan said to journalists at the presentation
of INOGATE program.
He said one of the positive outcomes of INOGATE is achieving the
required level of understanding in the organization of power markets,
application of operations standards and aspects of cooperation between
the countries involved in INOGATE.
"Thanks to the program we started talking to each other in a common
language," he said.
INOGATE was started in 2004 and since 2006 it began to implement
regional projects. The program assists the Black Sea and Caspian
countries in the formation of energy markets, similar to the European,
and securing investments in the energy sector.
The Energy Community Treaty of Southeast Europe was formed in 2005. It
was signed by EU, Albania, Bulgaria, Bosnia and Herzegovina, Kosovo,
Macedonia, Romania, Serbia, Croatia and Montenegro, Moldova joined
in 2010.
From: A. Papazian