SKRIN Market & Corporate News
April 6, 2006

Gazprom and Armenia sign long-term agreement

Gazprom and the Government of the Armenian republic signed a 25-year
long-term agreement envisaging ArmRosgazprom to purchase a 40-km long
section of the pipeline between Armenia and Iran and the fifth power
unit of Razdan TES, as well as construction of a 197 km section of
the pipe line between Armenia and Iran.

The agreement fixed price for Russian gas at $ 110 per 1,000 cubic
meters till January 1, 2009, Gazprom’s press service told SKRIN.