Yerevan and Baku may supply their surplus electricity to third countries, Armenian Prime Minister Nikol Pashinyan said at a briefing following a government meeting, responding to a question about why Armenia is interested in connecting the energy systems of the two countries.
The surplus of electricity in both states creates potential access to international markets. This implies that Armenia would be able to use transit through Azerbaijan’s grid, while Azerbaijan would use Armenia’s network as well, including for supplies to Nakhchivan, Pashinyan noted.
Even if Armenia’s electricity export opportunities are not realized for some reason, the country would at least earn revenue from transit, the prime minister added.
“So far, no specific projects have been announced, but there is political understanding. We have analyzed the situation — I think Azerbaijan has as well — and we do not see any threats here. On the contrary, we see economic opportunities that also contribute to strengthening peace,” the prime minister said.
Recall that Pashinyan spoke earlier in parliament about the prospects of linking the energy systems of Armenia and Azerbaijan.
