Categories ArmeniaEconomyNews

Armenia, Georgia, Iran, Russia to Hold Talks for Joint Electric Power Network

YEREVAN — Armenia, Russia, Iran and Georgia energy officials will meet in Tbilisi next month to discuss prospects for laying a join electric power network, Russia’s Izvestiya reported on Thursday.

The Armenian, Georgian and Iranian energy ministers as well as the chief executive of a leading Russian electric utility already met in Yerevan for that purpose in late December. The Armenian government said after that meeting that the four nations could create a common energy market after the construction of two new power transmission lines connecting Armenia with Georgia and Iran.

Armenian Energy Minister Levon Yolian reaffirmed Armenia’s hopes to become a major transit route for mutual electricity and gas supplies among them. “Quite active work is underway to involve Armenia’s territory and energy sector in regional processes,” he told reporters.

Yolian said the fresh talks on the issue are scheduled to start in the Georgian capital on April 11. He added that the energy ministers of the four states will take part in them.

The Georgian Energy Ministry similarly reported on Monday that the four-party meeting will be held in Tbilisi next month. “A Georgian delegation already held negotiations on this project in Yerevan, and these negotiations are due to continue in Tbilisi,” the ministry said in a statement to the Russian news agency RIA Novosti.

Armenia and Georgia will soon start building a line that will make their power grids more interconnected. The $115 million project, also slated for completion by 2018, is financed by Germany’s state-run development bank KfW and the European Union.

It was initially expected that Azerbaijan would send a delegation to the meeting, but Georgia’s energy ministry told RIA Novosti that Azerbaijan will not participate in discussion of the project.

MassisPost

Share
Published by
MassisPost

Recent Posts

US Congressman Henry Cuellar Indicted for Accepting Bribes from Azerbaijan

WASHINGTON, DC -- Democratic Rep. Henry Cuellar of Texas and his wife have been charged…

2 days ago

Armenian Church Western Diocese Announces Inauguration of the Dr. Harry Demirgian Memorial Scholarship

BURBANK -- The Western Diocese of the Armenian Church of North America has announced the…

2 days ago

Armenia Improves to 43rd Place in 2024 World Press Freedom Index

PARIS -- Armenia ranks 43rd (up from 49th last year) in the 2024 World Press Freedom…

2 days ago

The Paros Foundation Hosts Fundraiser Benefiting the Nor Hachen Polyclinic

ATWATER VILLAGE, CA. - On April 28, 2024, the Med-Aid Armenia 2nd Annual Fundraiser was…

3 days ago

Armenia and U.S. Extend Cooperation Agreement on Countering Proliferation of Weapons of Mass Destruction

YEREVAN -- Armenian Defense Minister Suren Papikyan and U.S. Ambassador to Armenia Kristina Kvien signed…

3 days ago

Secretary of State Blinken is Personally Engaged in Resolving Conflict Between Armenia and Azerbaijan: Patel

WASHINGTON, DC -- US Secretary of State Antony Blinken is personally deeply engaged on the…

4 days ago