"Tax payers of EU states will save several hundred million dollars."
Armenia is ready to participate in pipeline construction projects, said RA Deputy Minister of Energy and Natural Resources Areg Galstyan at the 73rd NATO PA Rose-Roth seminar in Yerevan.
According to him, if the mains will go through Armenia, tax payers of EU states will save several hundred million dollars.
“Armenian side has repeatedly stated this during the energy projects implementation back in 1990s, but no positive response followed, as the decision was made by politicians, who displayed no economic reasonableness,” Deputy minister declared.
He outlined that Armenia implements joint energy projects with Iran and intends to deepen that cooperation. Some projects are carried out also with Georgia, and joint one is scheduled to launch shortly with Iran and Georgia. In particular, for energy supply to Georgia a power line of 400kWt and 2 hydropower plants with Iran on Arax river will be built.
Armenia is ready to implement similar projects with Turkey, Galstyan said adding that functioning in soviet times power supply line of 220 kilowatt in Turkey is already restored.
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