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Speaker of Armenia’s National Assembly Galust Sahakyan has no information about the buyers of shares of Electric Networks of Armenia (ENA) Company, the speaker said at a briefing today.

Commenting at the request of reporters on rumors to the effect that the company that filed an application for ENA purchase is an offshore company, Sahakyan said there can be various concerns, but it is necessary to wait for the government to clarify everything.
The speaker indicated the need to see the company’s capabilities and how it will operate ENA in the future.

To remind, INTER RAO Holding B.V. Company owning 100% of the shares of Electric Networks of Armenia (ENA) CJSC applied the Armenian government with the intention of alienating its shares to Liormand Holding Limited. The decision was approved at the government session today. The heads of interested departments - Minister of Energy and Natural Resources, Minister of Justice, Minister of Economy and Minister of Finance - were instructed to examine the relevant documents, Liormand Holdings Limited Company’s compliance with the principles of preliminary qualification and participation in tenders to privatize power distribution companies in Armenia, to negotiate and develop a draft agreement, under which the company shall assume all the obligations of the purchaser. Besides, instructions were given to study the agreement on the alienation of shares and submit a conclusion.