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APNM hits at Armenia gas deal with Russia as "disgraceful"

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  • APNM hits at Armenia gas deal with Russia as "disgraceful"

    Former ruling party hits at Armenia gas deal with Russia as "disgraceful"

    Arminfo
    8 Apr 06


    Yerevan, 7 April: A former ruling party of Armenia, the Armenian
    Pan-National Movement [APNM], is against the "disgraceful" deal the
    Armenian authorities have struck with Russia's Gazprom company, and
    views the move as dangerous for the country's national security.

    Under the pretext of lowering gas tariffs, the current authorities in
    reality are making yet another attempt to retain their grip on power
    and hold a "self-election", the party told Arminfo.

    The APNM believes that there is no political, economic, or social
    justification for the sale of the fifth bloc of the Razdan power
    station in return for the "dubious" lowering of gas tariffs for
    consumers.

    Handing over control over the energy grid to another country is
    nothing but the loss of the most important basis of independence,
    particularly given the fact that this deal brought Russia's share in
    the structure of Armenia's energy sector close to 100 per cent, the
    party said in a statement.

    As was the case with the property-for-debt deal, the property of the
    Armenian state was sold at a lower price, whereas the fifth bloc of
    the power station in two or three years could have fully covered the
    price for which it was sold.

    The party believes that all government arguments that the deal is
    aimed at resolving social problems of people are "dishonest lies".
    Moreover, all of the 248.8m dollars will be channelled to a special
    Defence Ministry account, which is not transparent at all.

    Therefore, on the one hand, the disgraceful deal is aimed at softening
    the consequences of the price rise ahead of the parliamentary and
    presidential elections. On the other, the incumbent authorities will
    be able to use the funds to stay in office, the statement read.
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