‘ARMROSGAZPROM’ CJSC INTENDS TO INVEST $174 MILLION TILL 2009 IN EXTENSION OF GAS TRANSPORT SYSTEM OF ARMENIA

ArmInfo
2008-10-16 14:57:00

ArmInfo. To provide the population of the central regions of Armenia
with the required volume of natural gas through Iran-Armenia
gas pipeline under construction, ‘ArmRosgazprom’ Company keeps
on implementing the programme of reconstruction and extension of
the republic’s gas transport communications, the press service of
"ArmRosgazprom" CJSC told ArmInfo.

For extension of the gas transport system, belonging to the company,
it has become necessary to build a new gas pipeline with the pipeline
diameter of 720 mm and length of 197,4 km. Moreover, the Company
intends to reconstruct the existing gas pipeline with length of 120
km. ‘ArmRosgazprom’ has already carried out organizational, design and
building work in this direction. In 2007- 2009, the Company schedules
to invest 52 bln drams (about $174 mln).

The programme implementation will allow "ArmRosgazprom" to join
the regional gas-energy projects, enhance the reliability of
gas supply, including at the cost of the alternative source of
supplies of hydrocarbon material. In particular, it is envisaged
to build a pipeline with diameter of 720 mm and length of 197,4
km in Kajaran-Sisian-Angeghako, Jermuk-Ararat direction, as well
as reconstruct 120 km of pipeline, that will allow to increase the
flow capacity of the presently functioning gas transport system and
fulfill the contract commitments on supplies of the Iranian gas to the
heat power plants. Construction of the gas pipeline is going on under
difficult climatic conditions and pas through Syunik, Vayots Dzor and
Ararat region at the height of 3,000 m. The design construction of
the gas pipeline in Kajaran-Ararat direction, which receive positive
conclusion of the Ministry of Nature Conservation of Armenia, consists
of two sections. In particular, the first section with length of 48,74
km lays from Kajaran to Sisian, and the length of the second section –
in Sisian-Jermuk- Ararat direction will make up 135,57 km.

Armenian-Russian company "ArmRosgazprom" CJSC is a monopoly operator
in supplies and distribution of natural gas in Armenia. It has been
created in 1998 on the basis of an intergovernmental agreement.