Prime Minister of Armenia Tigran Sargsyan visited briquet department of Askeran’s Avetaranots village wood-processing plant on August 1, where biofuel production is set, according to the Governmental press service.

Sargsyan emphasized importance and efficiency of biofuel production program for Nagorno Karabakh economy.

“Economic system of Nagorno Karabakh gains stability, since economic system must ensure its sustainable development in different situations. From this viewpoint, I consider this program to be highly perspective, first of all in terms of national security,” said the Prime Minister adding that the program will have multiplicative effect, as it boosts economic development, use of local raw material, creation of job opportunities, as well as efficient forest management to be realized in future.

The program is designed to make an obvious economic influence, as the energy sphere spending will fall by minimum 30% which means that production capacity and efficiency may rise, bringing forth a serious budget influence.