Armenia And USA Sign MOU On Energy Exploration

ARMENIA AND USA SIGN MOU ON ENERGY EXPLORATION

/ARKA/
June 2, 2011
YEREVAN

YEREVAN, June 2, /ARKA/. On June 2, U.S. ambassador to Armenia,
Marie L. Yovanovitch and Armenian minister of energy and natural
resources Armen Movsisian signed a Memorandum of Understanding on
conventional and unconventional energy resources, the U.S. embassy
said in a statement.

It said the memorandum provides a framework for the exchange of
knowledge and expertise between the U.S. Government and the Government
of Armenia in the characterization and assessment of unconventional and
conventional energy resources in Armenia, as well as in the responsible
and sustainable development and exploitation of these resources.

The memorandum also provides for a cooperative assessment and technical
studies of Armenia’s energy resources, including any potential shale
gas resources, by the U.S. Geological Survey and the Armenian Ministry
of Energy and Natural Resources.

From: A. Papazian

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