Energy Games in Governmental Resolutions

Energy Games in Governmental Resolutions

EcoLur

On 4 August the Armenian Government made two significant resolutions in the sector of energy: one of them refers to Iran-Armenia gas branch. As the resolution says, “EnergoImpex” CJSC Company will be established, which will increase the import of natural gas from the Islamic Republic of Iran and make the use gas branch Iran-Armenia more effective. With the same resolution, the government will allocate Energy and Natural Resources Ministry from the governmental reserve fund.”

Another resolution refers to Vorotan Cascade of power stations owned by “Conture Global HydroCascade” CJSC: “For the purpose of increasing the productivity of “Her-Her” power station, the governmental made a decision “On Issuing a Permit for Alienation of Property” from “Vorotan Cascade of Power Stations” CJSC to “Arm Aero” CJSC, which will operate the HPP in the same procedure.”

August 04, 2016 at 15:17