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MOU On Conventional And Unconventional Energy Resources Signed

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  • MOU On Conventional And Unconventional Energy Resources Signed

    MOU ON CONVENTIONAL AND UNCONVENTIONAL ENERGY RESOURCES SIGNED

    armradio.am
    02.06.2011 15:33

    On June 2, US Ambassador to Armenia ie L. Yovanovitch and Minister
    of Energy and Natural Resources Armen Movsisian signed a Memorandum
    of Understanding on conventional and unconventional energy resources.

    This 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.

    This Memorandum of Uderstanding 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.

    Ambassador Yovanovitch noted that she "was pleased to be here today
    with Minister Movsisian to launch additional cooperation between
    the U.S. Government and the Armenian Government to help explore and
    develop Armenia's energy resources."

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