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Armenia And USA Sign MOU On Energy Exploration

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  • Armenia And USA Sign MOU On Energy Exploration

    ARMENIA AND USA SIGN MOU ON ENERGY EXPLORATION

    /ARKA/
    June 2, 2011
    YEREVAN

    YEREVAN, June 2, /ARKA/. On June 2, U.S. ambassador to Armenia,
    Marie L. Yovanovitch and Armenian minister of energy and natural
    resources Armen Movsisian signed a Memorandum of Understanding on
    conventional and unconventional energy resources, the U.S. embassy
    said in a statement.

    It said the memorandum provides a framework for the exchange of
    knowledge and expertise between the U.S. Government and the Government
    of Armenia in the characterization and assessment of unconventional and
    conventional energy resources in Armenia, as well as in the responsible
    and sustainable development and exploitation of these resources.

    The memorandum also provides for a cooperative assessment and technical
    studies of Armenia's energy resources, including any potential shale
    gas resources, by the U.S. Geological Survey and the Armenian Ministry
    of Energy and Natural Resources.




    From: A. Papazian
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