ARMENIA HAS THE POTENTIAL TO EXPORT POWER TO TURKEY: PRESIDENT

ARKA
APRIL 27, 2010
YEREVAN

YEREVAN, April 27, /ARKA/. President Serzh Sargsyan said today
Armenian power generating facilities have the capacity to produce
enough electrical power so that to export it to neighboring Turkey.

Addressing participants of the 11-th meeting of the Presidential Atomic
Energy Security Council he said Armenia took steps to normalize its
relations with Turkey. In his words, the opening of the last closed
border in Europe would help both countries establish normal trade
and economic ties, including in energy sector.

"Although the process of normalization was halted due to Turkey’s
inactivity we have the potential to sell power to Turkey and to
transit it to Middle East countries through Turkey,’ he said.

The president said electrical power markets of the region are in
the making. He said Russia, Iran, Armenia, Georgia and some other
countries are working to synchronize the operation of their power
grids. He said the country that is able to produce power with least
threats to the environment will dominate this market in future.

From: Emil Lazarian | Ararat NewsPress