GASPROM REPRESENTATIVE: ARMROSGASPROM’S KEY ECONOMIC CHARACTERISTICS INCREASINGLY IMPROVING
ARKA
12 Sept 2007
YEREVAN, September 12. /ARKA/. Indicators of 2006 show that
ArmRosgasprom’s key economic characteristics are improving and
thought to reach maximal level, Valery Golubev, deputy chairman of
Gasprom board and chairman of ArmRosgasprom’s directorial board,
said Wednesday at the company’s 10th anniversary celebration.
Golubev thinks this progress is due to favourable economic situation
in Armenia and effective management in ArmRosgasprom.
"ArmRosgasprom CJSC’s directorial board can place on record that
the company authorities, mid-ranking personnel and all those people
working at linear sections – about 7 thousand employees – constitute a
high-qualified team knowing its strategic manoeuvre and firmly going
ahead to fulfil the strategic tasks put forward by the republic’s
authorities and the company’s shareholders", he said.
Earlier, ArmRosgasprom CJSC General Director Karen Karapetyan said
that the population has saved $200mln to 220mln a year since replaced
other energy sources by gas for heating homes.
Transport sector saves $150mln to 180mln a year thanks to replacing
petrol with gas for fuelling vehicles.
Presenting industrial indicators, Karapetyan said that imports and
sales have grown 1.8 times over a period between 2002 and 2007.
Gas consumption by the population grew 4.5 times. Consumption by
industrial sector grew 2.1 times and gross earning 2.2 times.
The main aim of ArmRosgasprom CJSC is to distribute natural gas in
Armenian local market, to generate and export electric energy, to
exploit and reconstruct gas-conveying and gas-distributing systems,
to implement design, financing and construction and exploitation of
new gas pipelines and underground gas depots as well as to ensure
natural gas transit through Armenia’s territory to the third countries.
The CJSC enjoys monopoly on Russian gas import and distribution in
Armenian local market.
The company was established in 1997.
Its capital totals $580mln.
57.59% of its shares belong to Gasprom, 34.7% to Armenian Energy
Ministry and 7.71% to Itera.
From: Emil Lazarian | Ararat NewsPress