A1plus

| 16:30:16 | 28-04-2005 | Social |

ALTERNATIVE TO GAS AND ENERGY

The sources of hydrocarbon are exhausting all over the world to date
resulting in rise in prices for gas, oil and electric power. Proceeding from
energy security the problem was solved long ago in the Scandinavian states,
where alternative sources for heating the dwelling houses or other domestic
demands are used. Taking onto consideration the fact that climate conditions
of Armenia are alike those of Sweden and Norway, this novelty can be
implemented in Armenia as well.

However the program initiators did not take into account the fact that more
than a half of the Armenian population are poor people. Thus, TermoTex
Swedish company, which is trying to solve energy problems with the help of
nature, will face hardships in the Armenian market. With the help of modern
equipment the company is going to process energy from air, water and earth.
However the price of one device makes 8 thousand euros, what questions the
advisability of its implementation in Armenia. TermoTex representative
Vladimir Potapov noted that presently 90% of Swedish population use the
system. At that it should be noted that the government provides a credit
amounting in 75% of the device price.

The company representatives have not held talks with the Armenian
authorities on the issue yet. `If the government and crediting companies are
interested the program is real’, Potapov said.

Anyway they did not take into account the fact that besides the insolvency
of the population the Armenian banking system contrary to the European one
demands incomparably high interest.