Announcement

Collapse
No announcement yet.

Experts on possibility of existence of gas and oil in Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Experts on possibility of existence of gas and oil in Armenia

    Experts on possibility of existence of gas and oil in Armenia

    tert.am
    16:17 - 03.11.12


    >From the very first years of independence the state provided money for
    the geological surveys for gas and oil in Armenia.

    Speaking to reporters on Friday, ex-prime minister of Armenia Hrant
    Bagratyan said the recent decision of the Armenian government will not
    give any essential result but it is beneficial for the government to
    provide money `for someone to pierce and people live with hope and
    belief.'

    During the last cabinet sitting a decision was made to make changes in
    the 2004 decision without additional expenditures from the budget.

    Speaking to Tert.am, geologist Ruben Khamoyan, who in 1997-2002 and
    2003-2008 worked in Armenian-American geological research company and
    in Trans evro energy Canadian company, said only one research was
    conducted in Armenia's Gyumri costing 300 thousand US dollars.
    Khamoyan participated in geological-search works of gas and oil in
    Armenia.

    He said during the 1997-2008 works financed by private investors heavy
    oil was once noticed, and one case of gas emission was registered in
    Armavir, though the gas found there exhausted speedily.

    Asked whether it is not senseless to search for gas and oil in Armenia
    spending huge money on it, Khamoyan said if one out of 7 wells is
    successful, it is considered effective.

    As to whether he is for or against the search of gas and oil in
    Armenia, Khamoyan said if it is being done on the account of investors
    the more is done the better, but if with the budget means, he said he
    is against it.

    He noted that as far as the search works are risky the government
    should give big privileges to those investing in them. Without it no
    one will come to Armenia.

    Vahram Vardanyan, deputy dean of Geography and Geology Faculty at the
    Yerevan State University, said he is one of the scholars, who exclude
    the existence of oil and gas in Armenia, considering it dreamlike.

    `There are some hopes, but I believe that there was gas, oil in
    Armenia on time but after the earthquakes they have fallen deeper
    through the cracks and moved to south,' the deputy dean said.

    He remembered of big geological expedition in Soviet Armenia by
    Belarusians who worked for five years but returning back to their
    homeland without results.

    The professional conclusion was that there were oil and gas structures
    but there were empty. There is an opinion that such structures as a
    rule exist in countries having sea.

Working...
X