Armenia To Supply Energy To Turkey

ARMENIA TO SUPPLY ENERGY TO TURKEY

HULIQ
June 3 2009
SC

Armenia, who is always being underestimated by it’s oil rich neighbor
Azerbaijan is slowly growing it’s market share in supplying electricity
to Iran, Georgia and now Turkey, with which a rapprochement policy
has been in process.

Corresponding works are underway in Armenia towards exporting
energy to Turkey, Armenian Minister of Economy and Natural Resources
Armen Movsisyan told reporters today. He noted, however, that the
organization of the process of sale with Turkey was not that easy.

"We have rather rich experience. We have worked with Georgia and Iran,
but we have no experience of working with the corresponding system
of Turkey. It requires juxtaposition of technical parameters," the
Minister noted.

Armen Movsisyan reminded that we have signed a contract with a Turkish
commercial company, and any political preconditions are excluded.

According to the Minister of Energy of Armenia, the global
financial-economic crisis has not had an essential negative influence
on Armenia’s energy sector. "All the programs continue, there is
no intention to suspend those. On the contrary, we have started
implementing new projects," the Minister said.