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ITAR-TASS News Agency, Russia
February 1, 2007 Thursday
Russia to invest heavy funds in Armenia's energy - Putin
Russia will make heavy investments in Armenia's energy sector,
President Vladimir Putin told an annual news conference on Thursday.
``Our relations with Armenia are very good, we cooperate in all
areas,'' he said.
He recalled that ``Russia sells fuels to Armenia at free market
prices adjusted to the value of assets it had acquired in Armenian
territory.''
``We plan to bring back to life those enterprises,'' that Russian
companies acquired there, he said.
He pointed out that Russia ``lays a gas pipeline from Iran to
Armenia, builds energy transmission lines in Armenian territory and
takes part in hydro-power projects.'' ``But it is not enough.''
At the Sochi meeting the Armenian president raised issues ``on
building diamond cooperation,'' Putin said. This also concerns value
added products and a debt settlement program.
``It is difficult to find such areas of cooperation, where our
problems would be unsettled,'' he said.
February 1, 2007 Thursday
Russia to invest heavy funds in Armenia's energy - Putin
Russia will make heavy investments in Armenia's energy sector,
President Vladimir Putin told an annual news conference on Thursday.
``Our relations with Armenia are very good, we cooperate in all
areas,'' he said.
He recalled that ``Russia sells fuels to Armenia at free market
prices adjusted to the value of assets it had acquired in Armenian
territory.''
``We plan to bring back to life those enterprises,'' that Russian
companies acquired there, he said.
He pointed out that Russia ``lays a gas pipeline from Iran to
Armenia, builds energy transmission lines in Armenian territory and
takes part in hydro-power projects.'' ``But it is not enough.''
At the Sochi meeting the Armenian president raised issues ``on
building diamond cooperation,'' Putin said. This also concerns value
added products and a debt settlement program.
``It is difficult to find such areas of cooperation, where our
problems would be unsettled,'' he said.