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    Thread: Armenia's Energy sector

    1. #61
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      Re: Armenia's Energy sector

      Armenian Energy Tariff Set For Further Rise

      08.06.2014

      Armenia’s state utility regulators have announced plans to raise the price of electricity for households by more than 10 percent one year after sanctioning an even sharper increase in the key energy tariff.

      The Public Services Regulatory Commission (PSRC) gave no reason for the planned price hike in a statement released this week. Nor did it clarify when the measure will take effect.

      The electricity price soared by almost 27 percent in July last year following a surge in the cost of Russian natural gas supplied to Armenia. It is used for generating roughly one-third of the country’s electricity. The Russian gas price has remained the same since then and is not expected to rise in the next few years.

      Garegin Baghramian, a senior official at the PSRC, attributed the fresh tariff rise planned by the regulators to financial losses reported by power plants and the national electricity distribution network. Speaking to RFE/RL’s Armenian service (Azatutyun.am), Baghramian said that the existing retail price does not allow them to operate at a profit. He ruled out the possibility of their inefficiency or mismanagement.

      The official rationale is unlikely to satisfy the Armenian government’s political opponents and especially ordinary people. “They have stolen and plundered and live well and think that so do the people,” said one man in Yerevan. “My pension is already barely enough to pay my electricity bills.”

      “When they raised the energy tariffs several months ago the authorities said that they will remain unchanged for the next few years,” argued Hrant Bagratian, an opposition parliamentarian. “At least, this is what was said about gas. I can’t understand why they are going to do this now.”

      Naira Zohrabian, another opposition lawmaker, similarly said a senior Energy Ministry official assured her last month that electricity supplied to households will not become more expensive.

      The electricity price is currently set at 38 drams (9 U.S. cents) per kilowatt/hour. The PSRC wants to raise it to 42 drams per kilowatt/hour.

    2. #62
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      Re: Armenia's Energy sector

      «ՌուսՀիդրո»-ի դուստր ձեռնարկության համար կբարձրացնեն Սեւան-Հրազդանի ՀԷԿ-ի էներգիայի սակագինը

      Հունիս 08, 2014

      Սեւան-Հրազդան ՀԷԿ-ի էլեկտրաէներգիայի սակագինը կբարձրացնեն: Այդ մասին NEWS.am-ի թղթակցին հայտնել է Հայաստանի հասարակական ծառայությունների կարգավորման հանձնաժողովի սակագնային քաղաքականության վարչության պետ Գարեգին Բաղրամյանը: Նա նշել է, որ սակագնի մեջ հարկավոր է ներառել կասկադի արդիականացման վարկային ծրագրեր ՎԶԵԲ-ի կողմից, ինչպես նաեւ Ասիական զարգացման բանկի կողմից:

      Կասկադի ընդհանուր ներդրումները գնահատվում են մոտ 4.4 մլրդ դրամ(10.6 մլն դոլար), որոնք ներառվելու են սակագնի մեջ աստիճանաբար, այդ թվում 2014թ.-ի ընթացքում 650 մլն դրամի չափով(մոտ 1.6 մլն դոլար՝ խմբ.):

      Կասկադի սակագինն այժմ Հայաստանում ամենացածրն է վերջին երկու տարվա ընթացքում գրեթե չի փոխվել(2011թ.-ին 0.718 դրամ մեկ կՎտ/ժ դիմաց, իսկ 2013թ.-ին՝ 0.776 դրամ, կամ 0.2 ցենտ): Մեկ դրույք հաշվարկային սակագինը կբարձրանա 1.5 դրամով:

      Հիշեցնենք, որ ՎԶԵԲ-ի եւ ԶԱԲ-ի վարկերը 25 մլն-ական եվրո չափով ստացվել են 2013թ.-ին եւ ուղղվել են կասկադի արդիականացմանը, կայանի միջին տարիքը կազմում ավելի քան 50 տարի: «Միջազգային էներգետիկ կորպորացիա» ՓԲԸ-ի գնահատականի համաձայն(ռուսական «ՌուսՀիդրո» ԲԲԸ-ի դուստր ձեռնարկություն)՝ բոլոր կայանների լիարժեք արդիականացման համար 1.5 մլրդ դոլար է հարկավոր:

      Կասկադի հզորությունը կազմում է 561 ՄՎտ, կամ Հայաստանի գեներացնող հզորությունների 10 տոկոսը:


      Լուրեր Հայաստանից - NEWS.am

    3. #63
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      Re: Armenia's Energy sector

      Armenian Energy Tariff Set For Further Rise

      Narine Ghalechian
      Հրապարակված է՝ 06.06.2014

      Armenia’s state utility regulators have announced plans to raise the price of electricity for households by more than 10 percent one year after sanctioning an even sharper increase in the key energy tariff.

      The Public Services Regulatory Commission (PSRC) gave no reason for the planned price hike in a statement released this week. Nor did it clarify when the measure will take effect.

      The electricity price soared by almost 27 percent in July last year following a surge in the cost of Russian natural gas supplied to Armenia. It is used for generating roughly one-third of the country’s electricity. The Russian gas price has remained the same since then and is not expected to rise in the next few years.

      Garegin Baghramian, a senior official at the PSRC, attributed the fresh tariff rise planned by the regulators to financial losses reported by power plants and the national electricity distribution network. Speaking to RFE/RL’s Armenian service (Azatutyun.am), Baghramian said that the existing retail price does not allow them to operate at a profit. He ruled out the possibility of their inefficiency or mismanagement.

      The official rationale is unlikely to satisfy the Armenian government’s political opponents and especially ordinary people. “They have stolen and plundered and live well and think that so do the people,” said one man in Yerevan. “My pension is already barely enough to pay my electricity bills.”

      “When they raised the energy tariffs several months ago the authorities said that they will remain unchanged for the next few years,” argued Hrant Bagratian, an opposition parliamentarian. “At least, this is what was said about gas. I can’t understand why they are going to do this now.”

      Naira Zohrabian, another opposition lawmaker, similarly said a senior Energy Ministry official assured her last month that electricity supplied to households will not become more expensive.

      The electricity price is currently set at 38 drams (9 U.S. cents) per kilowatt/hour. The PSRC wants to raise it to 42 drams per kilowatt/hour.

    4. #64
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      Re: Armenia's Energy sector

      Kocharian Again Speaks Up
      http://www.armenialiberty.org/conten.../25432393.html
      Հրապարակված է՝ 23.06.2014

      Former President Robert Kocharian condemned as illegal the planned privatization of Armenia’s largest hydroelectric plants on Monday as he continued to step up his criticism of the current government’s economic policies.

      In a fresh public statement highlighting his possible return to active politics, Kocharian implied that corrupt motives may have been behind this and other controversial government decisions. He also effectively endorsed a list of demands that have been issued to President Serzh Sarkisian by the Armenian opposition.

      In written remarks to Yerkir.am, Kocharian decried the sale of the Vorotan Hydro Cascade to a U.S. energy company, ContourGlobal, which was tentatively agreed in January. Under a takeover agreement signed with the Armenian government, the New York-based firm is to pay $180 million and invest $70 million in the three plants making up the cascade. With a combined operational capacity of 405 megawatts, they are nearly as powerful as the Metsamor nuclear plant that accounts for roughly 40 percent of Armenian electricity production.

      The Sarkisian administration subsequently put the sale, strongly backed by the U.S. government, on hold for reasons that are not yet clear. Armenian officials have said only that ContourGlobal is currently considering last-minute changes in the deal demanded by Yerevan.

      “The only good thing about that deal is the involvement of a U.S. company in the Armenian energy sector,” Kocharian told Yerkir.am. “Everything else does not fit into the bounds of common sense.”

      Kocharian, who himself had been denounced by his political opponents for ceding many energy assets to Russia while in power, claimed that the deal is illegal because it has not been authorized by the Armenian parliament. He said it would only benefit the American company by pushing up the price of electricity generated at Vorotan. “Before it’s too late, the acquisition must be seriously revised or abandoned altogether,” he said.

      Parliamentary approval of the deal is one of the 12 mostly socioeconomic demands that were jointly issued on June 10 by Armenia’s four main parties challenging Sarkisian. One of those parties, Prosperous Armenia (BHK), is led by Gagik Tsarukian, a wealthy businessman close to Kocharian. The opposition quartet has implicitly threatened to stage anti-government rallies if its demands are fully or partly rejected by Sarkisian.

      The BHK and its opposition allies want, among other things, Armenia’s next parliamentary elections to be held only on a party-list list basis. Kocharian voiced support for this idea, despite having ensured during his 1998-2008 presidency that a large part of parliament seats are distributed in single-mandate constituencies.

      The existence of those constituencies has been critical for the disputed electoral victories of Sarkisian’s Republican Party of Armenia (HHK). Not surprisingly, the HHK remains opposed to their abolition.

      Kocharian also echoed strong opposition criticism of a new mechanism of enforcing fines for traffic violations and collecting car parking fees in Yerevan that has been introduced by the government in recent years. Most of that money goes to two private firms that have installed surveillance cameras on major roads in and outside the capital.

      “According unrefuted media reports, those companies are connected to officials,” said Kocharian. He seemed to allude to newspaper allegations that their owners are close friends of President Sarkisian and his controversial brother Aleksandr.

      Kocharian similarly suggested that the “insatiability” of unnamed Armenian officials is the key factor behind Vorotan’s planned privatization. The ex-president did not allege, even indirectly, corrupt practices within the government in his previous statements.

    5. #65
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      Re: Armenia's Energy sector

      What do you guys think about Kocharian getting back into politics?
      B0zkurt Hunter

    6. #66
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      Re: Armenia's Energy sector

      Quote Originally Posted by Eddo211 View Post
      What do you guys think about Kocharian getting back into politics?
      Should be put back into the bottle.

    7. #67
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      Re: Armenia's Energy sector

      Quote Originally Posted by Hakob View Post
      Should be put back into the bottle.

      ..... but before that he should be made to empty his pockets ...

      .
      Politics is not about the pursuit of morality nor what's right or wrong
      Its about self interest at personal and national level often at odds with the above.
      Great politicians pursue the National interest and small politicians personal interests

    8. #68
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      Re: Armenia's Energy sector

      Quote Originally Posted by Vrej1915 View Post
      Kocharian Again Speaks Up
      http://www.armenialiberty.org/conten.../25432393.html
      Հրապարակված է՝ 23.06.2014

      Former President Robert Kocharian condemned as illegal the planned privatization of Armenia’s largest hydroelectric plants on Monday as he continued to step up his criticism of the current government’s economic policies.

      In a fresh public statement highlighting his possible return to active politics, Kocharian implied that corrupt motives may have been behind this and other controversial government decisions. He also effectively endorsed a list of demands that have been issued to President Serzh Sarkisian by the Armenian opposition.

      In written remarks to Yerkir.am, Kocharian decried the sale of the Vorotan Hydro Cascade to a U.S. energy company, ContourGlobal, which was tentatively agreed in January. Under a takeover agreement signed with the Armenian government, the New York-based firm is to pay $180 million and invest $70 million in the three plants making up the cascade. With a combined operational capacity of 405 megawatts, they are nearly as powerful as the Metsamor nuclear plant that accounts for roughly 40 percent of Armenian electricity production.

      The Sarkisian administration subsequently put the sale, strongly backed by the U.S. government, on hold for reasons that are not yet clear. Armenian officials have said only that ContourGlobal is currently considering last-minute changes in the deal demanded by Yerevan.

      “The only good thing about that deal is the involvement of a U.S. company in the Armenian energy sector,” Kocharian told Yerkir.am. “Everything else does not fit into the bounds of common sense.”

      Kocharian, who himself had been denounced by his political opponents for ceding many energy assets to Russia while in power, claimed that the deal is illegal because it has not been authorized by the Armenian parliament. He said it would only benefit the American company by pushing up the price of electricity generated at Vorotan. “Before it’s too late, the acquisition must be seriously revised or abandoned altogether,” he said.

      Parliamentary approval of the deal is one of the 12 mostly socioeconomic demands that were jointly issued on June 10 by Armenia’s four main parties challenging Sarkisian. One of those parties, Prosperous Armenia (BHK), is led by Gagik Tsarukian, a wealthy businessman close to Kocharian. The opposition quartet has implicitly threatened to stage anti-government rallies if its demands are fully or partly rejected by Sarkisian.

      The BHK and its opposition allies want, among other things, Armenia’s next parliamentary elections to be held only on a party-list list basis. Kocharian voiced support for this idea, despite having ensured during his 1998-2008 presidency that a large part of parliament seats are distributed in single-mandate constituencies.

      The existence of those constituencies has been critical for the disputed electoral victories of Sarkisian’s Republican Party of Armenia (HHK). Not surprisingly, the HHK remains opposed to their abolition.

      Kocharian also echoed strong opposition criticism of a new mechanism of enforcing fines for traffic violations and collecting car parking fees in Yerevan that has been introduced by the government in recent years. Most of that money goes to two private firms that have installed surveillance cameras on major roads in and outside the capital.

      “According unrefuted media reports, those companies are connected to officials,” said Kocharian. He seemed to allude to newspaper allegations that their owners are close friends of President Sarkisian and his controversial brother Aleksandr.

      Kocharian similarly suggested that the “insatiability” of unnamed Armenian officials is the key factor behind Vorotan’s planned privatization. The ex-president did not allege, even indirectly, corrupt practices within the government in his previous statements.
      Quote Originally Posted by Eddo211 View Post
      What do you guys think about Kocharian getting back into politics?
      Quote Originally Posted by Hakob View Post
      Should be put back into the bottle.
      Quote Originally Posted by londontsi View Post
      ..... but before that he should be made to empty his pockets ...

      .
      Kocharian seems to condemn all the right things for the right reasons in the above post. Sounds good.
      Unfortunately, the corrupted principles he condemns --- corruption, self interest --- are the very hallmarks of his presidency. That's kind of like Stalin calling hitler a murderer. Or maybe one American bigot calling another American bigot a bigot.
      ---- vote no on kocharian ---
      HARK

    9. #69
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      Re: Armenia's Energy sector

      This all depends mostly on population's actions. If it becomes inactive, or sells itself for 5000 drams (like last time, after which it started crying of being fooled) or goes after opposition just to vent frustration without really understanding whom it chooses, Kocharian will have the best chance.

    10. #70
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      Re: Armenia's Energy sector

      Quote Originally Posted by Hakob View Post
      This all depends mostly on population's actions. If it becomes inactive, or sells itself for 5000 drams (like last time, after which it started crying of being fooled) or goes after opposition just to vent frustration without really understanding whom it chooses, Kocharian will have the best chance.

      Can you name any names who are not stained by corruption and worthwhile candidates?

      .
      Politics is not about the pursuit of morality nor what's right or wrong
      Its about self interest at personal and national level often at odds with the above.
      Great politicians pursue the National interest and small politicians personal interests

    11. #71
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      Re: Armenia's Energy sector

      Quote Originally Posted by londontsi View Post
      Can you name any names who are not stained by corruption and worthwhile candidates?

      .
      Don't really know the players well enough (or at all) but it seems the oligarch factor has a strangle hold position at this time (sigh).
      Having said that, I like Monte. However...
      What about S. Ohanian?
      HARK

    12. #72
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      Re: Armenia's Energy sector

      23.06.14
      Gas Policies: Armenia looking for options in view of possible changes in Georgia transit terms

      By NAIRA HAYRUMYAN
      ArmeniaNow correspondent



      The parliamentary ad hoc commission looking into issues of natural gas distribution in Armenia has come up with some sensational statements, which, however, have not caused a political scandal. In particular, head of the parliamentary Committee on Economic Affairs, ruling Republican Party member Vardan Ayvazyan said that Gazprom did not pay dividends to Armenia during five years.

      Before December 2, 2013, 20 percent of the shares of Armenia’s gas distribution networks in belonged to the country’s government. The stake was then transferred to the subsidiary of Gazprom as payment for the accumulated debt of $300 million. The deal was concluded during Russian President Vladimir Putin’s visit to Armenia and caused a sharp public outcry. However, neither the ruling party nor even the opposition parties challenged it.

      And now one of the members of the ruling Republican Party says that Gazprom was not paying dividends to the Armenian government, despite the net profit that increased to 12 percent. The Commission questions the appropriateness of expenditures and investments of Gazprom Armenia (former ArmRosgazprom) that unnecessarily increased the number of employees, the wages fund, as well as of the cost of construction of underground storages and natural gas supply to remote villages.

      One of the local publications, Lragir.am, described it as the intention of the Armenian authorities to collect “evidence” for a possible revision of the fettering Russian-Armenian gas deal. This deal, in particular, prohibits Armenia from buying natural gas from third countries and stipulates that it buys gas from Gazprom in the amount of at least 2.5 billion cubic meters a year, despite the country’s actual annual need estimated at only $1.7 billion. In fact, if by the end of the year Armenia is not able to purchase the full amount of gas, it will have to pay the penalty for the shortfall.

      Perhaps it is for this scenario that the ruling party is getting prepared for and also for, as well as for what looks as an inevitable application from Gazprom Armenia for increase gas tariffs. But it is probably not the only reason.

      Chairman of the Commission Vardan Ayvazyan also said that Armenia will consider possibilities of fuel supplies from Central Asia and Iran through the Iranian pipe. It also looked like a sensation, since Russia is clearly blocking all alternative fuel supplies to Armenia.

      The gas issue apparently became topical after Armenian President Serzh Sargsyan’s visit to Georgia, through whose territory Russian gas is transited to Armenia. On June 27 Georgia intends to sign an association agreement with the European Union and the terms of the contract for the transit of Russian gas and other goods to Armenia may change. Moscow and Yerevan are trying to persuade Georgia to keep a duty-free and customs-free trade regime with Armenia, but judging from the results of the negotiations conducted by Sargsyan in Tbilisi, the EU will not allow Georgia to help Armenia and Russia.

      Armenia intends to join the Russian-led Eurasian Economic Union. No one knows exactly when it will happen. Last week Armenian Prime Minister Hovik Abrahamyan said it would not happen at least before July 3. Today Russian Foreign Minister Sergei Lavrov is having talks with the Armenian leadership in Yerevan. He is likely to discuss the “common border” between Armenia and Russia via Georgia.

      It is remarkable that a landslide recently happened on the Georgian military road, blocking land communication between Armenia and Russia and gas supplies for a whole month.

      It is yet unclear how Armenia and Russia are going to live in a single customs union without a common border if Georgia does not agree to a preferential transit regime. Apparently, Armenia is preparing for diversification of gas supplies. It is not excluded that Russia wants to buy Iranian gas and sell it to Armenia.

    13. #73
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      Last edited by Vrej1915; 06-25-2014 at 04:00 PM.

    14. #74
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      Re: Armenia's Energy sector

      Contruction of Meghri Hydropower plant was supposed to begin in 2011.....
      Seems forgotten since.....

      http://www.youtube.com/watch?v=8Y4rHQgE1UM

    15. #75
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      Re: Armenia's Energy sector

      Kashatagh region, NKR.
      Syunik 2 :
      http://www.youtube.com/watch?v=rSRK-EQM2pU

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