ARMENIA MAY START ENERGY EXPORT TO TURKEY IN APR
ARKA
March 20, 2009
YEREVAN, March 20. /ARKA/. Armenia may start supplying electric energy
to Turkey this April, said RA Minister of Energy and Natural Resources
Armen Movsisyan.
An agreement on the supply of electric energy to Turkey was signed
on September 4, 2008, between the RA Ministry of Energy, High-Voltage
Network Company and the UNIT Company (Belgium), which specializes in
importing and distributing high-voltage electric energy in Turkey.
Under the agreement, the necessary work is being carried out for
the energy supply to be started as soon as possible, the Minister
told reporters.
Under the agreement the Turkish side pledged to renovate the
high-voltage substations and disassemble 3-4km long power lines within
4-5 months.
Movsisyan said that the preparatory work is expected to be completed
this April, and electric energy will be supplied to Turkey immediately
afterward.
Since the prices for gas, energy and water are to be raised in Armenia
from April 1, the energy price for Turkey may be pegged to the price
of gas supplied to Armenia.
Under an advance agreement, Armenia is to start from 1.5bln kwh to
bring this quantity up to 3.5bln kwh during the following years.
The expected energy export price is $57 per 1MW, but the final price
will be adjusted to the gas price changes after the terms of supply
have been specified.
On February 27, the=2 0RA Public Services Regulatory Commission
approved a new gas price for Armenian consumers – 96,000 for 1,000
cubic meters against 84,000 AMD.
The new price is to take effect from April 1, 2009.
The price for the electric energy supplied by the Electric Network
of Armenia CJSC will be raised by 5 AMD for 1kwh. So the day-time
price will reach 30 AMD for 1kwh, and the night-time price 20 AMD
for 1kwh.