GAS COMPANY BOSS PREDICTS ARMENIA’S ROLE IN REGIONAL ENERGY SECTOR
Mediamax
Dec 19 2008
Armenia
Yerevan, 18 December: Armenia has all chances to become a
"liberal energy platform for the region," the general director of
Hayrusgazard Company, Karen Karapetyan, said today when speaking at
the international conference entitled "Information wars. Modern-day
challenges of information society" dedicated to the 90th anniversary
of the Armenpress news agency.
In his report "Information wars in energy," Karapetyan said that
today’s regional projects, for political reasons, face limitations
of transit schemes and do not represent an example of multilateral
regional cooperation. He said the initial reason for such state of
affairs is political rivalry, competition of energy "heavyweights"
for access to a deposit, a well, a pipeline. Karapetyan said that
the politicized nature of energy projects in the South Caucasus
"hits the pocket of each resident of the region".
"Little awareness of the region’s population leads to the fact that
the elites implement political projects, which are not economically
substantiated, thus planting a time bomb under the energy sector and
generating further speculative actions in international markets of
energy which is likely to result in new global financial and economic
crises," he said. Karapetyan suggested that information coverage to
secure the support for initiatives of political and business elites
in the sphere of energy.