ARMENIA TO START CONVEYING ELECTRIC POWER TO TURKEY ON MARCH

ARKA
Nov 24, 2008

YEREVAN, November 24. /ARKA/. Armenia is to start conveying electric
power to Turkey on March, 2009, Armenian Energy Minister Armen
Movsisyan said on Monday.

Armenia will export electricity to Turkey under the agreement signed
by Armenian Ministry of Energy and Natural Resources, Armenian
High Voltage Electricity Grid and UNIT, the company importing and
distributing electric power in Turkey.

Movsisyan said that under the agreement, Turkey had to put its
power-conveying line in order and do all license-related paperwork
within six months.

"In recent days, I received the information from Turkey that the
process is running in due course", the minister said. "We think
electric power supply will start on schedule".

Initial annual volume is planned to be 1.5 billion kilowatt with
further enlargement to 3.5 billion.