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Karen Karapetyan: ArmRosgazprom Carries On Investment Policy

KAREN KARAPETYAN: ARMROSGAZPROM CARRIES ON INVESTMENT POLICY

/PanARMENIAN.Net/
09.07.2009 13:32 GMT+04:00

/PanARMENIAN.Net/ ArmRosgazprom carries on its investment policy
despite the financial crisis.

"The main task is construction of 5th generating unit and modernization
of the Hrazdan thermal power plant. In total, a sum equivalent to $200
million will be invested," said Karen Karapetyan, director general
of ArmRosgazprom.

"With successful implementation of the project, the company will
increase energy export volumes," he said, adding that due to fall
in prices at the international market Hrazdan-5 administration’s
expenditures reduced by 8-9%.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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