Energy Law of the Republic of Armenia

The Energy Law of the Republic of Armenia provides policies and regulations for the whole energy sector of the country.The basic principles of the policy are: efficient use of domestic energy resources and alternative sources of energy and implementation of economic and legal mechanisms for that purpose;enhancement of the energy independence of the Republic, including the differentiation of domestic and imported energy resources and ensuring the maximum utilization of generating capacities;enhancement of competition and efficient operation in the energy sector;encouragement of investments in the energy sector;ensuring transparency of the licensed operations in the energy sector;ensuring safety in the energy sector and protection of the environment. The law regulates licences for the energy producers and distributors. This policy supersedes the Energy Law passed on 9th June 1997 by the National Assembly of the Republic of Armenia.

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