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Armenia To Begin Direct Power Deliveries To Turkey In 2009

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  • Armenia To Begin Direct Power Deliveries To Turkey In 2009

    ARMENIA TO BEGIN DIRECT POWER DELIVERIES TO TURKEY IN 2009

    Interfax
    Sept 10 2008
    Russia

    Armenia will begin direct electricity deliveries to Turkey in 2009,
    Armenian Energy and Natural Resources Minister Armen Movsisian told
    journalists on Wednesday.

    This agreement was reached during the recent visit of Turkish President
    Abdullah Gul to Yerevan at the invitation of Armenian President Serzh
    Sargsyan, Movsisian said.

    High Voltage Power Lines of Armenia and Turkey's private company
    Unit signed a contract on electricity deliveries during Gul's visit
    to Armenia.

    In line with the agreement, the Turkish side will have to restore
    damaged portions of high voltage power lines on its territory within
    four or five months and set up new transformers and after this the
    country will be ready to receive electricity from Armenia. There are
    no technical problems on the Armenian side, the minister said.

    According to preliminary agreements, Armenia will deliver 1.5 billion
    kilowatts of energy per year to Turkey at the initial stage. It is
    planned to increase the amount of supplied power up to 3.5 billion
    kilowatts per year. Power generated at Armenian thermal plants will
    be shipped to Turkey, the minister said.

    Armenia's export price for Turkey will be $0.057 per one kilowatt per
    hour of energy, the minister said, noting that the price will change
    in the future.

    From: Emil Lazarian | Ararat NewsPress
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