Armenpress

HAYRUSGAZARD EYES IRAN-ARMENIA GAS PIPELINE

YEREVAN, OCTOBER 27, ARMENPRESS: The chief manager
of the Russian-Armenian joint venture that delivers
Russian natural gas to Armenia via Georgia, said
yesterday the company asked the government to let it
take the management of a second gas pipeline that
stretches from Iran to Armenia.
Karen Karapetian, the chief manager of HayRusGazArd
company, said the Iran-Armenia gas pipeline will have
to be connected to HayRusGazArd network. Karapetian
denied media allegations that the Iran-Armenia gas
pipeline will be handed to a Russian company. He said
the question is whether Iran-Armenia pipeline will be
an independent company or will be given to
HayRusGazArd. He said handing the Iran-Armenia
pipeline to HayRusGazArd was logical.
Forty-five percent of shares in HayRusGazArd are
owned by Russian Gazprom, 10 percent are owned by
another Russian-owned group ITERA and the remaining 45
percent belong to the Armenian government.

From: Emil Lazarian | Ararat NewsPress