HEADS OF “GASPROM” AND “ARMRUSGASPROM” DISCUSS BRINGING INTO EFFECT AGREEMENT ON STRATEGIC PRINCIPLES OF COOPERATION IN MOSCOW
ARKA News Agency, Armenia
April 13 2006
YEREVAN, April 13. /ARKA/. The President of “Gasprom”Alexei Miller and
General Manager of the “ArmRusgasprom” CJSC Karen Karapetyan discussed
bringing into effect agreement on strategic principles of cooperation
between the holding and the RA Government the overnight in Moscow.
According to the Public Information Department of the “Gasprom”, during
the working meeting Miller and Karapetyan paid special attention to
the issue of purchase and accomplishment of the Hrazdan HPP’s 5th
block for effective gas processing into electricity on the territory
of the republic.
On April 6, “Gasprom” and the RA Government signed an agreement for
25 years defining strategic principles of cooperation in gas-energy
projects on the territory of Armenia. The document envisages purchase
of the 5th power-unit of the Hrazdan heat power plant (Hrazdan-5)
from the RA Government by the “ArmRusgasprom” CJSC, as well as objects
of gas sphere of the republic. The agreement fixes the possibility
of exporting electricity produced by Hrazdan-5. It also fixes the
price for the Russian gas imported to Armenia equal to $110 for 1
thsd cubic meters of gas till January 2009.
Preliminary agreements on sell-purchase of must be signed till April
14, 2006, and the final passing of the property must be finished till
January 1, 2007.