GAS-SUPPLY TO GEROGIA, ARMENIA TO BE INTERRUPTED ON OCT 2

ARKA News Agency, Armenia
Oct 1 2007

YEREVAN, October 1. /ARKA/. On October 2, gas-supply to Georgia and
Armenia will be interrupted for one day as a result of scheduled
repair. The press service of the ArmRosgasprom Company reports that
the repair will be effected on the gas mains Mozdok-Tbilisi and North
Caucasus-Transcaucasus.

"The uninterrupted gas supply of gas to Armenia’s consumers will be
maintained due to the Abovyan underground gas storage," the report
says.

The ArmRosgasprom holds a monopoly of gas supply and distribution
in Armenia.

The company was founded in 1997 and its capital is $580mln. The stock
holders of the company are the Gasprom open corporation (57.59%),
Ministry of Energy of Armenia (34.7%), and Itera oil and gas company
(7.71%).

The Abovyan underground gas storage is one of the most important
components of Armenia energy security. Its capacity is 110mln cubic
meters of gas.