Armenia Says Oil Transit Through Its Territory Beneficial

YEREVAN (Noyan Tapan)–At a session of the working group of the Energy Charter on transit held in Brussels–Armenia presented a report–titled "Option for transit of natural gas and oil via countries of the South Caucasus."

Chief of the development department of the Energy Ministry of Armenia Hrachia Khachatrian said that along with several options of transporting hydrocarbon–Armenia presented an option for transporting oil and gas through its territory. According to Hrachia Khachatrian this option will be economically advantageous. The session was attended by representatives from more than 50 countries.


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