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Fortune Oil Oils Its Wheels

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  • Fortune Oil Oils Its Wheels

    Fortune Oil Oils Its Wheels

    ANAHIT MNATSAKANYAN, Hrazdan

    Story from Lragir.am News:
    http://www.lragir.am/engsrc/country22500.html

    Published: 15:21:11 - 06/07/2011

    The initiative group which was created after the protest on March 31
    against the exploitation of the iron mine in Hrazdan town committed
    itself to struggle against this program which will inflict severe
    environmental pollution.

    The mine is located hardly 650 m from residential areas, near water
    sources, pumping stations, Sevan-Hrazdan channel, as well as
    Atarbekyan water power plant which will be affected once the mine is
    exploited.

    The initiative group has made an inquiry with the International Energy
    Corporation which manages the plant, bringing up the issue of
    explosions necessitated by the exploitation of the mine which would
    impact the water power plant. The IEC responded to the inquiry, noting
    that they are also concerned. For their part, the Corporation made an
    inquiry with Fortune Oil, the China-based company, which denied any
    negative impact on the plant.

    Strangely, two months ago the representatives of Fortune Oil visiting
    Hrazdan said they were going to carry out a study by the end of the
    year and present the conclusion. The mining company replied without
    evaluating the impact on the environment. It is interesting whether
    they will give us unpleasant surprises to which the initiative group
    will react by all means. And not only.

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