ITAR-TASS News Agency
TASS
December 28, 2004 Tuesday 4:56 AM Eastern Time
Armenia to increase import of gas from Russia in 2005
By Yulia Bagrysheva
MOSCOW
Armenia will increase the import of natural gas from Russia by 25
percent in 2005, representative of the joint-stock company
“ArmGazprom” Karen Karapetyan told journalists on Tuesday.
According to Karapetyan, growth of gas deliveries is mainly connected
with the increased gas supplying of the republic and better
socio-economic situation in Armenia.
In 2004, Russia delivered 1.33 billion cubic metres of natural gas to
Armenia, and in 2005, the volume will amount to 1.7 billion cubic
meters.
“ArmGazprom” is the only supplier of natural gas to the internal
market of Armenia. The company was founded in Yerevan in 1997 to sell
natural gas to local consumers and transport Russian gas through the
territory of Armenia to other countries.