ARKA News Agency, Armenia
Dec 7 2007
Gas supply to Armenia to be temporarily stopped
YEREVAN, December 7. /ARKA/. Gas supply to Armenia will be
temporarily stopped on December 8-11 because of the reconstruction of
the South Caucasus- Tran-Caucasus gas main, the press service of the
ArmRosGasProm (ARG) reports.
Continuous gas delivery will be secured at the expense of the
reserves of the Underground Gas Storage in Abovian.
Founded in 1962, the gas storage can reserve 110mln cubic meters of
gas. The station is able to supply Armenia with gas for about two
months in case the gas-transport system is out of order.
Monopolist in Armenia’s gas supply market, the ArmRosgasprom CJSC was
established in 1997. The company’s capital amounts $580mln. Its
shareholders are the Gasprom OJCS (57.59% of shares), the RA Ministry
of Energy (34.7%) and the Itera Oil and Gas Company (7.71%). Z. Sh.
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