ENERGY ISSUES IN THE CENTER OF RA PRESIDENT’S ATTENTION

ArmRadio.am
29.03.2006 15:25

Issues related to mechanisms for softening the results of the rise of
Russian price and to the construction of the Iran-Armenia gas pipeline
were discussed during today’s working meeting of RA president Robert
Kocharyan and Minister of Energy Armen Movsisyan.

It was decided to continue the negotiations on gas price with the
Russian side and to present the package of suggestions to be formed
as a result of these to the attention of the society.

The President informed that the construction of the Iran-Armenia gas
pipeline has already started. It will be completed by autumn of the
current year.

Issues related to the increase of the number of hydroelectric stations
was discussed as well. President Kocharyan presented the process of
construction of 38 small hydroelectric stations and noted that in
a few years small energy will have 500 million Kw/H power annually,
which makes 10 percent of the internal demand.