RUSSIAN GAS IMPORTS TO ARMENIA INCREASE 30.9% IN JAN-MAR 2007

Arka News Agency, Armenia
April 28 2007

YEREVAN, April 28. /ARKA/. 732.6 mln cubic meters of natural gas was
imported from Russia to Armenia in the first quarter of 2007 against
559.5mln cubic meters in the same period of 2006, the press service
of the Armenian-Russian "ArmRosgasprom" CJSC holding the monopoly of
Russian gas supplies to Armenia.

The gas sales increased by 25.4% – from 508.7mln cubic meters in
January-March 2006 up to 638.1mln cubic meters in the first quarter
of 2007. In the period, the consumption totaled 235.9mln cubic meters
for population, 78.4mln cubic meters for industry and 203.4mln cubic
meters for the energy system.

"ArmRosgasprom" CJSC enjoys the monopoly of supplies and distribution
of the Russian natural gas on Armenia’s domestic market. The company
was founded in 1997. Its capital currently totals $398.8mln. The
shareholders are "Gasprom" OJSC (57.59%), Armenia’s Energy Ministry
(34.7%) and oil-gas "Itera" company (7.71%).
From: Baghdasarian