30-11-00 Armenian President Robert Kocharyan has said that his country is ready to co-operate with Turkmenistan to develop its hydrocarbon deposits in the Caspian Sea. Kocharyan, in Turkmenistan on an official visit, held talks with Turkmen President Saparmyrat Niyazov.
The presidents instructed members of the joint economic commission to prepare a programme of bilateral co-operation in the hydrocarbon sector. They also discussed the creation of a single energy system that will cover Turkmenistan, Iran and Armenia.
"Armenia generates its own electrical energy, but its transfer from one country to another at peak periods will ensure reliable operation of the energy systems of all three neighbouring states," Kocharyan said.