Armen Movsisian: We will start power delivery from Armenia<br /> to Turkey in time<br />


Armen Movsisian: We will start power delivery from Armenia
to Turkey in time

  • 23-12-2008 22:00:00   | Armenia  |  Economy
YEREVAN, DECEMBER 23, NOYAN TAPAN. The agreements on power delivery from Armenia to Turkey starting from the spring of 2009 remain in force. According to the Turkish company that signed the respective agreement, it is carrying out all preparatory work according to the schedule, and there can be no problems, the RA minister of energy and natural resources Armen Movsisian said at the December 22 press conference. In his words, the Turkish side is carrying out preparatory work of technical and organizational character. The minister expressed confidence that "we will start power delivery in time", and noted he has no grounds for suspicion concerning the Turkish side. To recap, during the visit of Turkish president to Yerevan in early September, Unit company (Turkey) signed an agreement on power delivery from Armenia to Turkey with the Armenian ministry of energy and natural resources and High-Voltage Electric Networks of Armenia CJSC. Under the agreement, 1.5 billion kwh of power will be supplied annually through the city of Kars in the initial period. In parallel with an increase of capacities, power export is likely to reach 3.5 billion kwh.
  -   Economy