ARMENIAN PREMIER MEETS RUSSIAN POWER GRID CHIEF

Armenian Second TV Channel, Yerevan
29 May 07

Armenian Prime Minister Serzh Sargsyan received the head of RAO YeES,
Unified Energy System of Russia, Anatoliy Chubays, today. Chubays
and the delegation headed by him arrived in Armenia to take part in
a sitting of the CIS Energy Council. Chubays said that the RAO YeES
always felt Armenian assistance.

The 31st CIS Energy Council sitting took place today. Azerbaijan and
Turkmenistan did not participate in the sitting. The members gave
their agreement to create a joint CIS energy market as well as a
market relationship among the countries.

Anatoliy Chubays, who is also the chairman of the CIS Energy Council,
told a news conference after the sitting that a joint market would
allow the development of cooperation between CIS countries in the
energy field. "The council does practical work for the realization
of the agreement to create a joint energy market," Chubays said.

Armenian Energy Minister Armen Movsisyan said that the joint CIS
energy market will not hinder Armenia’s cooperation with other
countries in the energy field. "We have long wanted to cooperate with
CIS countries. We work successfully with Iran, we would like to work
with Georgia and CIS countries," Movsisyan said.