Marta Kos: EU to invest 500 million euros to strengthen Armenia`s  energy security

ArmInfo.  The European Union is investing 500 million euros to strengthen Armenia's energy security and diversification.  Marta Kos, EU High Commissioner for  Enlargement, stated this at a meeting with a group of Armenian  reporters in Brussels,  Armenpress reports.

A few days ago, a document was signed in Tashkent, the capital of  Uzbekistan, according to which Armenia will receive support within  the framework of the Caucasus Transmission Network project to improve  energy infrastructure, strengthen energy security and  diversification, and reduce dependence on external players. The  European Union is collaborating with the German development bank KfW  in this regard. 

"In Tashkent, we signed the Caucasus Transmission Network project. It  is worth  500 million. It is a 500 million  investment to connect  your energy system with the Georgian one, and we are already working  on the Armenia-Turkey energy system. Why? So that you become less  dependent on Russian energy. And this, you know, is also based on our  experience. We have now special energy programs for Moldova, Ukraine,  and also for us," Marta Kos clarified.

She added that she had asked Armenia's Minister of Territorial  Administration and Infrastructure, David Khudatyan, to present a list  of priority programs in the context of ensuring overall connectivity.  Marta Kos also expressed her willingness to assist in strengthening  the capacity of the Ministry of Territorial Administration and  Infrastructure to implement programs related to connectivity.