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"If the pressure from the West is strong, "Vorotan" HHP complex will
be sold, but if Russia's pressure is strong, it won't be sold."
July 31 2014
To the question of Aravot.am whether it does not mean that the selling
of "Vorotan" will be cancelled if the Prime Minister, Hovik
Abrahamyan, is already openly talking about cancellation of the deal
on selling "Vorotan" HHP complex, the economic topics-related writer
and journalist, Hayk Gevorgyan, said, "We have information that the
government is too close to declaring the deal on selling "Vorotan" HHP
cancelled. The question here is which of the two sides exerting
pressure would be strong. The deal depends on it. If the pressure from
the West is strong, the HHP would be sold, if the Russian pressure
would be stronger than that of the Western, it would not be sold and
the deal would not take place." Note that after assuming the office of
the Prime Minister, Hovik Abrahamyan, on various occasions, was making
hints on declaring the selling of "Vorotan" HHP complex cancelled. But
last Friday, during his working visit to Dilijan, the Prime Minister,
Hovik Abrahamyan, referring to the sale of "Vorotan" HHP, stated "the
sale of Vorotan HHP should be for the benefit of our state." The Prime
Minister assured that they have no intention to sell Vorotan HHP,
however, if the American "Global Contour" company, whom HHP complex
was sold, does not agree with the recommendations of newly appointed
Cabinet, and does not amend the clauses unacceptable for the
government, also the drawbacks found in the terms of the deal, then
the deal on selling "Vorotan" Cascade will be canceled. According to
Hayk Gevorgyan, the strange thing is not that the bid on sale of
"Vorotan" Cascade may be cancelled, but the deal in itself is strange,
because one of Armenia's best energy facilities is tried to be bought
not by Russian, but American company. "Our energy system, as it is
known, is completely under Russian control, in other words, from the
very first moment it became clear that the government wants to sell
"Vorotan" Cascade to Americans. The deal in itself seemed suspicious.
Sooner or later, it is likely that the deal will take place, but I
think that the matter here is not economic, but the so-called external
political". To our question of whether it is possible for the
government to pay penalty and fines in the event of cancellation of
almost completed deal, Hayk Gevorgyan said that he is not aware of the
details of the deal, because it is not so public, but he did not rule
out that some problems might arise.
Lusine BUDAGHYAN
Read more at: http://en.aravot.am/2014/07/31/166241/
be sold, but if Russia's pressure is strong, it won't be sold."
July 31 2014
To the question of Aravot.am whether it does not mean that the selling
of "Vorotan" will be cancelled if the Prime Minister, Hovik
Abrahamyan, is already openly talking about cancellation of the deal
on selling "Vorotan" HHP complex, the economic topics-related writer
and journalist, Hayk Gevorgyan, said, "We have information that the
government is too close to declaring the deal on selling "Vorotan" HHP
cancelled. The question here is which of the two sides exerting
pressure would be strong. The deal depends on it. If the pressure from
the West is strong, the HHP would be sold, if the Russian pressure
would be stronger than that of the Western, it would not be sold and
the deal would not take place." Note that after assuming the office of
the Prime Minister, Hovik Abrahamyan, on various occasions, was making
hints on declaring the selling of "Vorotan" HHP complex cancelled. But
last Friday, during his working visit to Dilijan, the Prime Minister,
Hovik Abrahamyan, referring to the sale of "Vorotan" HHP, stated "the
sale of Vorotan HHP should be for the benefit of our state." The Prime
Minister assured that they have no intention to sell Vorotan HHP,
however, if the American "Global Contour" company, whom HHP complex
was sold, does not agree with the recommendations of newly appointed
Cabinet, and does not amend the clauses unacceptable for the
government, also the drawbacks found in the terms of the deal, then
the deal on selling "Vorotan" Cascade will be canceled. According to
Hayk Gevorgyan, the strange thing is not that the bid on sale of
"Vorotan" Cascade may be cancelled, but the deal in itself is strange,
because one of Armenia's best energy facilities is tried to be bought
not by Russian, but American company. "Our energy system, as it is
known, is completely under Russian control, in other words, from the
very first moment it became clear that the government wants to sell
"Vorotan" Cascade to Americans. The deal in itself seemed suspicious.
Sooner or later, it is likely that the deal will take place, but I
think that the matter here is not economic, but the so-called external
political". To our question of whether it is possible for the
government to pay penalty and fines in the event of cancellation of
almost completed deal, Hayk Gevorgyan said that he is not aware of the
details of the deal, because it is not so public, but he did not rule
out that some problems might arise.
Lusine BUDAGHYAN
Read more at: http://en.aravot.am/2014/07/31/166241/