EUROPEAN UNION TO CONTINUE ASSISTING ARMENIA WITH ENERGY
PROGRAMS
01-11-2006 13:30:00 | Armenia | Economy
YEREVAN, NOVEMBER 1, NOYAN TAPAN. The European Union did
not give up its condition that it will invest 100 million euros
for increasing Armenia's energy capacities before the closure of
the Armenian nuclear power plant until donors are found to make
investments for this purpose. Karen Chshmaritian, RA Minister of
Trade and Economic Development, Co-chairman of the EU-Armenia
Cooperation Council, stated this during the October 31 press
conference.
Responding to NT correspondent's question, he said that the
EU is consistent in the issue of convening a conference of
donors for this aim. According to K. Chshmaritian, the RA
Ministry of Energy is also consistent in the implementation of
this plan. "I think we'll soon hear about it," he noted.
In his words, the Ministry of Energy has developed some
programs on enhancing the country's energy capacities before the
closure of the Armenian nuclear power plant (ANPP). He assured
that the EU will continue providing funds for increasing the
safety of the nuclear power plant. These funds are included in
the ANPP's budget.
The minister said that the EU will continue assisting
Armenia with its programs on use of alternative energy sources.
In particular, the opportunities of using the geothermal energy
in the south of Armenia are now being explored.
At the October 25 meeting of the EU-Armenia Cooperation
Council in Brussels, an agreement was reached to continue the
cooperation for securiing the safety of the Armenian nuclear
power plant and using alternative energy sources in Armenia.