Agreement on Armenian electricity supplies to Turkey enters into force

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25.09.2008, 03:13

The agreement on Armenian electricity supplies to Turkey has entered into force, said RA Minister of Energy and Natural Resources Armen Movsisyan. Armenia will start supplying Turkey with electricity next year.

YEREVAN, September 24. /ARKA/. The agreement on Armenian electricity supplies to Turkey has entered into force, said RA Minister of Energy and Natural Resources Armen Movsisyan. Armenia will start supplying Turkey with electricity next year.

The agreement was signed between the RA Ministry of Energy and Natural Resources, the High Voltage Lines state-owned company and the Turkish electricity supplier UNIT.

At the initial stage Armenia will annually supply Turkey with 1.5bln kWh of electricity, bringing annual supplies up to 3.5bln kWh.

Movsisyan shot down the rumors spread by Turkish mass media that the Turkey’s State Energy Committee said it would stop supporting the companies that had agreed with Armenia on electricity supplies.

“The agreement is effective and both parties try to fulfill the obligations of the contract,” the minister said.

The Turkish UNIT will be the importer of Armenian electricity to Turkey. Movsisyan said the company has affiliates in many countries and is famous among European electricity importers. –0--

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