2.4 BLN DRAMS TO BE INVESTED IN GAS DISTRIBUTION SYSTEM OF ARMROSGASPROM IN 2009
ARKA
Apr 10, 2009
YEREVAN, April 10. /ARKA/. 2.4bln Drams are to be invested in
reconstruction and capital repair of gas distribution system of
ArmRosgasprom closed joint stock company, the company’s press service
reported.
According to the report, of this amount 150mln Drams will be spent
on settlement of gas supply in multi-apartment blocks of Yerevan.
Investments will help carry out repair, re-settlement and construction
of 93 kilometer-long gas pipelines.
"ArmRosgasprom" holds the monopoly for supply and distribution of
the Russian natural gas on the domestic market in Armenia. The gas
is delivered to Armenia via Georgia
The company was founded in 1997. Its stockholders are "Gasprom"
open joint stock company (80%) and the Armenian Government