Tweet
ELECTRIC NETWORKS OF ARMENIA ENSURED PROFIT FOR GAZPROM ON ARMENIANS' DIME: ZHOGHOVURD
06.17.2014 11:42 epress.am
Electric Networks of Armenia, a subsidiary of the Russian company
Inter RAO UES, preferred to purchase more expensive electricity,
and now it's unloading that burden on Armenian consumers, reports
local daily Zhoghovurd.
The newspaper notes that the main official reason for raising the
electricity rates in Armenia is that Electric Networks of Armenia (ENA)
had a financial gap to fill, since the power plant ceased operations
for 88 days more than expected last year, and ENA was forced to fill
the gap by purchasing electricity from the Hrazdan Thermal Power Plant
at 49.1 AMD per kWh, suffering a loss of 16.6 billion AMD as a result.
The newspaper, however, claims that ENA could've purchased electricity
not from Hrazdan TPP, which runs on Russian gas, but from Yerevan TPP
at 29.1 AMD per kWh, which would be half as expensive as it runs on
Iranian gas.
"But they didn't do that. And as a result, the Russian Inter RAO UES
subsidiary, giving preference to Hrazdan TPP running on Russian gas,
through internal agreement, simply artificially increased the volume
of Russian gas consumption in Armenia, ensuring profits for Gazprom,"
reports the paper.
http://www.epress.am/en/2014/06/17/electric-networks-of-armenia-ensured-profit-for-gazprom-on-armenians-dime-zhoghovurd.html
06.17.2014 11:42 epress.am
Electric Networks of Armenia, a subsidiary of the Russian company
Inter RAO UES, preferred to purchase more expensive electricity,
and now it's unloading that burden on Armenian consumers, reports
local daily Zhoghovurd.
The newspaper notes that the main official reason for raising the
electricity rates in Armenia is that Electric Networks of Armenia (ENA)
had a financial gap to fill, since the power plant ceased operations
for 88 days more than expected last year, and ENA was forced to fill
the gap by purchasing electricity from the Hrazdan Thermal Power Plant
at 49.1 AMD per kWh, suffering a loss of 16.6 billion AMD as a result.
The newspaper, however, claims that ENA could've purchased electricity
not from Hrazdan TPP, which runs on Russian gas, but from Yerevan TPP
at 29.1 AMD per kWh, which would be half as expensive as it runs on
Iranian gas.
"But they didn't do that. And as a result, the Russian Inter RAO UES
subsidiary, giving preference to Hrazdan TPP running on Russian gas,
through internal agreement, simply artificially increased the volume
of Russian gas consumption in Armenia, ensuring profits for Gazprom,"
reports the paper.
http://www.epress.am/en/2014/06/17/electric-networks-of-armenia-ensured-profit-for-gazprom-on-armenians-dime-zhoghovurd.html