LACK OF INVESTMENTS IN ENERGY SYSTEM WILL LEAD ARMENIA TO ENERGY CRISIS, ROBERT KOCHARIAN BELIEVES

PanARMENIAN.Net - YEREVAN, April 3. /Mediamax/. President of Armenia Robert Kocharian said that lack of investments in distributive power networks of Armenia would lead the country to a new energy crisis.

The President said this during the "hot line" of "Golos Armenii" paper, answering the question about privatization of distributive power networks of Armenia, which had become a subject of hot discussions.

"I am aware about the losses of the country, about the "hidden" turnover of the energy sphere. I have no doubt that after privatization the losses will become less, the financial order will approve. We must use the moment and take this step, which maybe is not popular, but very necessary," Robert Kocharian said.--0--