STEPANAKERT. - Program of biofuel production in Nagorno-Karabakh (Artsakh) Republic is very promising first and foremost in terms of national security, said Armenian PM Tigran Sargsyan, who, together with Karabakh President Bako Sahakyan visited Askeran region wood processing factory, which is engaged in biofuel production.

'This program has manifold impacts: it contributes to economic development, use of local raw materials and provides new jobs. In addition, there will be effective management of forest resources and the cost of energy will decrease by at least 30 percent,' said the PM.

Concerning Karabakh economic situation, Sargsyan stressed that the current figures inspire hope for steady growth of Artsakh economy in near future.