GASPROM TO OWN 82 PER CENT OF SHARES OF ARMRUSGASARD

Lragir.am
13 april 06

Even if the Iran-Armenia gas pipeline becomes a transit pipeline in
the nearest future, Armenia will have nothing to do with it, said
economist Edward Aghajanov April 12. He is convinced that though
the government of Armenia is trying to keep it secret, the Armenian
section of the gas pipeline has already been transferred to Gasprom.

Aghajanov refers to the official website of Gasprom and the
authoritative Russian newspapers.

Edward Aghajanov says as a result of the contract Armenia loses not
only the Iran-Armenia pipeline but also the company Armrusgasard. The
Vedomosti Newspaper opened the brackets: Gasprom will own 82 per
cent of shares of Armrusgasard in the result of Russian-Armenian gas
negotiations. It should be noted that before 45 per cent of shares
of Armrusgasard was owned by Armrusgasard, 45 per cent by Gasprom
and 10 per cent by Itera, a daughter company of Gasprom.