RUSSIA RESUMES GAS SUPPLY TO ARMENIA THROUGH GEORGIA
ARKA
Aug 13, 2008
YEREVAN, August 13. /ARKA/. Russia has resumed gas supply to Armenia
through the territory of Georgia, reported Shushan Sardaryan, press
secretary of ArmRosGasProm.
Gas supply was partially restored on Tuesday and today Armenia
expects to receive full supplies of Russian gas. Russia plans to
supply ArmRosGasProm with 2.1bln-2.3bln cubic meters of gas by the
end of 2008.
Sardaryan pointed out that on August 7 the Georgian oil and gas
corporation reduced thee times Russian gas supplies to Armenia. The
Specialists of the corporation said the reason for the reduction
of gas supplies was the test work on the gas main. To meet the
consumer demand, Armenia had to make use of the gas stored in Abovyan
underground storage.
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 (72.16%), the RA Ministry of Energy
(22.78%) and the Itera Oil and Gas Company (5.06%).