Economics

Russia, Iran, Armenia, Georgia discuss North-South energy corridor

hasmikdilanyan

 

 

 

The Energy Ministers of Armenia, Georgia, Iran and Russia met in Yerevan today to discuss the countries’ cooperation in the power sector.

The parties signed a “roadmap” of steps towards forming a North-South energy corridor by 2019, Armenia’s Deputy Energy Minister Areg Galstyan told reporters after the signing ceremony.

The project will allow the four countries to unite their energy systems, improving the level of governance, as well as the efficiency, security and reliability of the energy systems.

Before that, Armenia and Iran plan to commission the 400 kW third power transmission line.

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