ARMROSGASPROM TO INCREASE CUSTOMER BASE
ARKA News Agency, Armenia
April 5 2006
Yerevan, April 5. /ARKA/. In 2006, the “Armrosgasprom” CJSC intends
to increase the number of users of natural gas by 80-100ths, Director
General Karen Karapetyan stated at a meeting with RA President Robert
Kocharyan.
Karapetyan pointed out that ArmRosgasprom currently has 360,600
customers, which is accounted for by large-scale installation of
gas-supply throughout Armenia. Karapetyan added that the gas-supply
installation is expected to be completed in Armenia in 2007.
Karapetyan also presented a report on investments in 2005, which
were mainly directed to the enlargement of the gas-supply network and
attraction of new customers, re-equipment of the gas-transportation
system, safe operation and enhancement of reliability of the gas-supply
network.
“Simultaneously with the increase in gas supply installation and
consumption, actually losses in gas can be observed. Serious work
is also being done to resolve the technical maintenance and safety
[problems inside residential buildings,” Karapetyan said.
He also stressed the importance of construction of the Iran-Armenia
gas main. One of the dmain directions of the company’s investment
policy is, according to him, the maintenance and enlargement of the
Abovyan underground gas storage.
The Armenian-Russian “ArmRosgasprom” CJSC JV holds a monopoly of supply
and distribution of Russian gas in Armenia. The RA Government and the
“Gasprom” OJSC each hold 45% of the company’s shares, the rest 10%
being held by the “Itera” oil and gas company.