| Energy:
Reducing the Costs and Enhancing Mutual Interdependence
Pipelines
TABDC has been promoting communication and correspondence
between the officials of the both countries and concerned
parties in private sector to develop additional pipelines
via Armenia. Presently TABDC is lobbying the economic benefits
of the passage through Armenian territory of the pipeline
projects such as: Baku-Ceyhan, Azerbaijan Gas Pipeline and
Russian Gas pipeline to Turkey. These routes prove to be cost-effective,
commercially viable and strategically beneficial.
Armenia has the most convenient underground
storage facilities for natural gas in the region. Annual underground
storage capacity of natural gas of 220,000 cbm can easily
go up to 1 billion cbm.
Electric Sale to Turkey
There is a surplus of electric energy sale to
Turkey and there is a possibility of barter trade in return
of payments. Armenia by far has the most excess generating
capacities in the region. This capacity can be used if new
markets for energy, and especially Turkey, are opened.
Armenia / Turkey: Gateway to Central
Asia
Mersin - Yerevan- Baku Railway Project
Today, there is only one railway connection
between Turkey and Russia and Central Asia and its through
Armenia. Kars - Yerevan railway, which had been established
during the Soviet Union Era, is the most economic way to move
goods through Central Asia.
Today, this railway connection is not being
utilized due to border closures. Economic losses associated
with inadequate transport and trade infrastructure are very
costly. Turkey and Armenia are losing their gateway position
and as a consequence, Turkish ports in Black Sea, Mediterranean
and Eastern provinces as well as Armenia are facing an enormous
economic loss. A direct link between Armenian and Turkish
infrastructure is likely to improve availability, predictability
and reliability of shipping services for all Caucasus.
TABDC is active in talks promoting to
open the Armenian rail and highways system for transhipment
of goods through Armenia. TABDC sees great benefit in a Baku
- Mersin direct railway project and is actively lobbying all
concerned parties in both countries as well as all surrounding
countries. This matter is of paramount importance to the TABDC.
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