ARMRUSGAZPROM TO MAKE INVESTMENTS OF OVER 192 MILLION DOLLARS IN 2007-2009
Noyan Tapan
Mar 12 2007
YEREVAN, MARCH 12, NOYAN TAPAN. At the March 12 sitting, the RA
Public Services Regulatory Commission approved ArmRusgazprom’s
investment program of 68 bln 232.6 mln drams (192.2 mln USD) for
2007-2009. According to the commission, 40 bln 295.1 mln drams will be
invested this year. The program’s purpose is to extend and reconstruct
the gas transportation and distribution systems, as well as the Abovian
underground gas depot. The commission instructed ArmRusgazprom to
submit the 2008-2010 investment program of the company until November
1, 2007.