Energy And Natural Resources Ministry Presents Report On Its Activit


Jan 30, 2009

YEREVAN, JANUARY 30, ARMENPRESS: Starting from today the heads
of state establishments of Armenia present reports on their 2008
activity to the Armenian Prime Minister Tigran Sargsyan who tasked
them to mainly present the works which were not conducted and give
relevant explanations.

Today the prime minister called on the ministers to be attentive to
the registered flaws and not to repeat them in future. According to
Tigran Sargsyan, it is necessary that all the ministers realize that
tax gathering is not only the issue of State Revenue Committee but
they too must support it.

First the report of 2008 activity was presented by the Energy and
Natural Resources Minister Armen Movsisian. According to him, there
are 4 main issues in the sphere – development of atomic energy,
variety of directions of communication and integration with regional
energy systems, ensuring progress of own restoring energy resources,
reproduction of natural resources and creation of legislative field
for ensuring their effective, complex usage.

A. Movsisian noted that last year the works on projecting Iran-Armenia
400 kilowatt air wire and construction of Iran-Armenia gas pipeline’s
Kajaran-Ararat sector were finished. The projecting works of
Armenia-Georgia 400 kilowatt air wire have also been finished though
in 2008 they did not succeed in signing the financing program as the
German KfW bank decided to study the technical-economic grounding of
the works once again.

"As a result of studies they have been reconfirmed and it has
been decided to sign the financing document at the session of
Armenian-German inter-governmental commission scheduled for May,"
he said.

For promoting the development of own restoring energy resources two
large programs have been initiated in the republic – construction of
Lori and Meghri hydro power plants.

As to Lori hydro power plant, the minister said they tried to bring
to life already developed alternative programs but because of the
financial crisis it was impossible to apply them. Currently the
ministry is working in that direction with the World Bank.

The scheme of financing of Meghri hydro power plant was planned
to be developed by the end of the year, but it was postponed every
time. According to the minister, currently it is ready and is presented
to the Iranian side and probably next week will be signed.

A. Movsisian also noted that the work on creation of legislative field
for ensuring the effective, complex usage of natural resources will
be finished in 1.5 month.

The prime minister pointed out that the level of natural losses in
the energy sphere has an essential impact on the tax entries.

"It is necessary that the relevant departments of the ministry conduct
an oversight and if there will be issues immediately inform tax bodies
about them," the prime minister said.