8MLN CUBIC METERS OF GAS SUPPLIED TO ARMENIA THROUGH IRAN-ARMENIA GAS MAIN IN MAY

ARKA
June 3, 2009

YEREVAN, June 3. /ARKA/. This May Armenia received around 8mln cubic
meters of Iranian gas through the Iran-Armenia gas main, RA Minister
of Energy and Natural Resources Armen Movsisyan told reporters during
his visit to the Yerevan heat and power plant.

"At present the line pressure meets the capacity of the Armenian gas
system," the Minister said.

Iran started supplying gas to the Iran-Armenia gas main on May 15,
2009.

Under a preliminary agreement, the Gas for Electric Power program is
being implemented. The Iranian gas will be converted into electric
energy for the export to Iran – 3kwh against one cubic meter.

In 2004, the Armenian Government initiated the construction of an
Iran-Armenia gas main.

Armenia had been importing natural gas from Russia through Georgia.

The ArmRosgazprom CJSC is exclusive distributor of the Russian gas
in Armenia. The company was founded in 1997 by the Gazprom OJSC (80%)
and the RA Ministry of Energy and Natural Resources (20%).