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“Having adopted accurate policy we’ve developed our energy system and can attempt being the only energy operator in the region,” Armen Movsisyan, Armenian Minister of Energy and Natural Resources, told Panorama.am.

The Minister says Armenia is setting ultra-high voltage power lines with Iran. Minister Movsisyan said the project targets those countries which have energy deficit.

Referring to Georgia, which exports energy to the countries of Eastern Europe, Armen Movsisyan said: “The project of ultra-high voltage power lines is aimed to join Armenia to those energy flows.”

Panorama.am was interested if Georgia would approve Armenia’s involvement, in case if Armenia purchases energy in lower prices, Minister of Energy said: “Periodically our energy will be low, and in spring and summer it will be lower conditioned by Georgia’s water resources, but still this doesn’t really matter because launching ultra-high voltage power lines we’ll optimize our regimes and have cheaper price.”