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Armenia Has Chance to Use Baku-Tbilisi-Erzerum Gas and BTC

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  • Armenia Has Chance to Use Baku-Tbilisi-Erzerum Gas and BTC

    ARMENIA HAS CHANCE TO USE BAKU-TBILISI-ERZERUM GAS AND
    BAKU-TBILISI-CEYHAN OIL PIPELINES IN ITS OWN INTERESTS


    YEREVAN, JUNE 11. ARMINFO. Armenia has a chance to use the
    Baku-Tbilisi-Erzerum gas pipeline and the Baku-Tbilisi-Ceyhan oil
    pipeline in its own interests, says Director General of ArmRosgazprom
    company Karen Karapetyan.

    It would be desirable if the pipeline ran via Armenia but even the
    very fact of their existence is already good. Georgia may give Armenia
    part of its transit quota gas. Armenia may repay in electricity. It
    depends on Armenia to what an extent it will be involved in these or
    other projects, says Karapetyan reminding that Georgia has already
    expressed interest in the Iran-Armenian gas pipeline project. Why can
    we say that we want to take part in the construction of the
    Baku-Tbilisi-Erzerum gas pipeline? wonders Karapetyan. Abundant in
    electricity when completing the Iran-Armenia gas pipeline project and
    restoring the Abovyan underground gas storage Armenia may become a
    serious regional player.

    We should turn negative geo-political situation into a positive one.
    Armenia may become a good market for energy resource sale especially
    that its neighbors may well face electricity shortage in the near
    future. If we are aggressive and flexible enough we will get back what
    we have lost, says Karapetyan. It is no coincidence that Georgia has
    already begun talks for the construction of a new electricity
    transmission line from Armenia, he notes.
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