Canadian Company Intends to Carry Out Prospecting for Oil and Gas in Vayots Dzor and Syunik Regions

Canadian Company Intends to Carry Out Prospecting for Oil and Gas in Vayots Dzor and Syunik Regions

EcoLur

Canadian-incorporated 'AGAPE' LLC intends to Carry out prospecting for oil and gas in Vayots Dzor and Syunik Regions with the help of seismic vibrators, as the company founder and CEO Gram Johnson said at his meeting with RA Nature Protection Minister Artsvik Minasyan.
The company submitted an application to the state non-profit enterprise "Environmental Impact Expertise". In conducting research in Syunik district, the company was denied because of the lack of full submission of documents, and the application for the 5th conditional territory in Vayots Dzor will be considered following public discussions that will be held in the regional administration at 12:00, on October 5. In the case of the success of exploration and the receipt of confirmation of oil and gas reserves in the industrial volume, the company, in accordance with the procedure established by law, to submit an application for the extraction of hydrocarbons to the state non-profit enterprise "Environmental Impact Assessment".
Nature Protection Minister Artsvik Minasyan wondered about the possibility of the probable impact on the environment, Gram Johnson assured that he had been informed that seismic investigation will have an insignificant impact on the environment. In this stage, 'AGAPE' Company can carry out surface geochemical mapping on the perspective areas.

18:01 September 22, 2017


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