YEREVAN, SEPTEMBER 25, NOYAN TAPAN. Turkish company Unit did not renounce the agreement on power supply from Armenia to Turkey, which the company reached with the RA ministry of energy and natural resources and High-Voltage Electric Networks of Armenia CJSS: the agreement is in force, and both sides are doing work on implementation of the agreement, the RA minister of energy and natural resources Armen Movsisian stated. To recap, on September 10 the minister announced that starting from 2009, Armenia will sell electricity to Turkey. According to him, discussions on this were held during the visit of Turkish President to Armenia at the invitation of Armenian President. Within the framework of meetings, an agreement was signed between the ministry and Unit company (Turkey) engaged in the import and distribution of electricity in Turkey. Besides, as the minister announced, an agreement was signed between High-Voltage Electric Networks of Armenia and Unit on the direct export of power through Kars. Under the agreement, in the initial period 1.5 billion kwh of electricity will be exported annually. In parallel with the growth of capacities, exports are likely to reach up to 3.5 billion kwh. The Turkish side is obliged to eliminate the technical problems and restore the power transmission lines within the next four months. However, later the Turkish minister of energy Hilmi Guler denied the information that an agreement on purchase of electricity had been signed between Turkey and Armenia during the Yerevan visit of Abdullah Gul, Sabah daily reported. "There is no such agreement. There are some power transmission lines which were built in 1980 and before that, but no such agreement exists," the Turkish official stated, adding that some Turkish private companies had conducted negotiations on this issue. "Do not pay attention to such statements and there is no need to irritate them," the Armenian minister of energy and natural resources said, adding that the president of Unit has arrived in Armenia: he is a Turk by nationality, an experienced expert in energy and perceives quite correctly the current situation around Armenian-Turkish relations. He explained that Unit is a conglomerate-company and there are organizations of the same name in Belgium, some other European countries, Iran and the U.S. Unit operates in various sectors but the main sphere of its activities is energy.

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