ARMRUSGASPROM TO EXPORT ELECTRICITY TO GEORGIA UNTIL MARCH 31

YEREVAN, MARCH 11, NOYAN TAPAN. The Director General of ArmRusgasprom
Karen Karapetian stated at the March 11 press conference that
ArmRusgasprom is currently conducting negotiations on the issue of
electricity export to Georgia with the United Georgian Distribution
Energy Company. According to a contract with the Georgian company,
which expires on March 31, ArmRusgasprom has been supplying electricity
to Georgia since October 16, 2004. Under the terms of the contract,
during the indicated period, over 100 mln kw/h of electricity will
be exported to Georgia. K.Karapetian said that the Georgian side has
made payments by 100%.