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Orinats Yerkir: Preferable That State Control Energy Sector

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  • Orinats Yerkir: Preferable That State Control Energy Sector

    IT'S PREFERABLE THAT THE STATE CONTROL ENERGY SECTOR, BUT NATIONAL
    INTEREST IS PRIMARY, VICE CHAIRMAN OF ORINATS ERKIR SAYS

    YEREVAN, APRIL 7, NOYAN TAPAN. The sale of the 5 unit of Hrazdan
    Thermal Power Plant to the Russian side with the aim of mitigating the
    effect of the gas tariff increase proceeds from the national interests
    of Armenia. Mher Shahgeldian, Chairman of the RA National Assembly
    Standing Committee on Defence, Internal Affairs and National Security,
    Vice Chairman of the Orinats Erkir Party, made this statement during a
    talk with reporters on April 7. In his words, it is preferable that
    the state control the energy sector. "But it's a matter of the
    nation's interests, and our national interests are primary for us," he
    noted. According to him, diversification of electricity sources is
    necessary in order to ensure the energy independence, which is the
    most important component of the country's energy security. In this
    connection the parliamentary standing committee chairman attached
    importance to the construction of the Iran-Armenia gas pipeline and
    ensuring the Iranian gas supply. M. Shahgeldian considered it
    important that the rise in the gas price will not affect a large
    section of the population, since it may cause social discontent. He
    said that the application of compensation mechanisms against the gas
    price increase is important in terms of business development as
    well. According to the speaker, the investments to be made by the
    Russian side in the 5th power unit will solve the problems related not
    only to the generation of extra electricity but also its sale. Asked
    by NT correspondent if there are any guarantees that the Hrazdan TPP
    5th unit will be put into operation, taking into account the current
    idleness of the enterprises which were transferred to the Russian side
    5 years ago under the Debt for Equity Program, M. Shageldian said: "As
    the legislative power, we raised this issue, are raising and will
    continue to raise it." According to him, the Armenian deputies
    repeatedly told their Russian colleagues that these enterprises must
    operate, since there are certain expectations connected to them. "In
    this case we will try to do everything so that investments will be
    made," M. Shahgeldian assured.
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