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“If the pressure from the West is strong, “Vorotan” HHP complex will be sold, but if Russia’s pressure is strong, it won’t be sold.”

July 31,2014 16:27

To the question of Aravot.am whether it does not mean that the selling of “Vorotan” will be cancelled if the Prime Minister, Hovik Abrahamyan, is already openly talking about cancellation of the deal on selling “Vorotan” HHP complex, the economic topics-related writer and journalist, Hayk Gevorgyan, said, “We have information that the government is too close to declaring the deal on selling “Vorotan” HHP cancelled. The question here is which of the two sides exerting pressure would be strong. The deal depends on it. If the pressure from the West is strong, the HHP would be sold, if the Russian pressure would be stronger than that of the Western, it would not be sold and the deal would not take place.” Note that after assuming the office of the Prime Minister, Hovik Abrahamyan, on various occasions, was making hints on declaring the selling of “Vorotan” HHP complex cancelled. But last Friday, during his working visit to Dilijan, the Prime Minister, Hovik Abrahamyan, referring to the sale of “Vorotan” HHP, stated “the sale of Vorotan HHP should be for the benefit of our state.”

The Prime Minister assured that they have no intention to sell Vorotan HHP, however, if the American “Global Contour” company, whom HHP complex was sold, does not agree with the recommendations of newly appointed Cabinet, and does not amend the clauses unacceptable for the government, also the drawbacks found in the terms of the deal, then the deal on selling “Vorotan” Cascade will be canceled. According to Hayk Gevorgyan, the strange thing is not that the bid on sale of “Vorotan” Cascade may be cancelled, but the deal in itself is strange, because one of Armenia’s best energy facilities is tried to be bought not by Russian, but American company. “Our energy system, as it is known, is completely under Russian control, in other words, from the very first moment it became clear that the government wants to sell “Vorotan” Cascade to Americans. The deal in itself seemed suspicious. Sooner or later, it is likely that the deal will take place, but I think that the matter here is not economic, but the so-called external political”.

To our question of whether it is possible for the government to pay penalty and fines in the event of cancellation of almost completed deal, Hayk Gevorgyan said that he is not aware of the details of the deal, because it is not so public, but he did not rule out that some problems might arise.

Lusine BUDAGHYAN 

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