Armenia To Supply Energy To Turkey

Armenian minister of economy Nerse yeritsyan
Follow us on Twitter

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.

By Armenian Radio.