Armenian Minister of Energy accuses Russian energy company of theft

Armenian Minister of Energy accuses Russian energy company of theft

One of the reasons for the rising cost of electricity is mismanagement and theft by the Electric Networks of Armenia (ENA), the Minister of Energy and Natural Resources, Yervand Zakharyan, said yesterday, speaking about the bid of the Russian owners of the company to raise tariffs.

by the Electric Networks of Armenia (ENA), the Minister of Energy and Natural Resources, Yervand Zakharyan, said yesterday, speaking about the bid of the Russian owners of the company to raise tariffs.The Minister described the proposal to raise the tariffs as grounded, but added that he "does not want to simplify the situation and I am far from doing that. I realize what kind of economic situation has been formed in Armenia and that this [increase in the tariffs] is a serious social problem. But I want to point out that the increase in tariffs does not depend on Armenia. Armenia is not a transit country for either natural gas or oil and it has no energy resources of its own. Do you want to have the same tariffs as in Russia?" Azatutyun.am cited him as saying.($1 = 480,9 drams)

 

The Minister described the proposal to raise the tariffs as grounded, but added that he "does not want to simplify the situation and I am far from doing that. I realize what kind of economic situation has been formed in Armenia and that this [increase in the tariffs] is a serious social problem. But I want to point out that the increase in tariffs does not depend on Armenia. Armenia is not a transit country for either natural gas or oil and it has no energy resources of its own. Do you want to have the same tariffs as in Russia?" Azatutyun.am cited him as saying.


($1 = 480,9 drams)

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