ARMROSGAZRPOM RECEIVED THE FIRST TRANCHE FROM KFW

/PanARMENIAN.Net/
13.07.2009 16:06 GMT+04:00

/PanARMENIAN.Net/ ArmRosGazrpom CJSC has received the
first tranche from KfW development bank. The long-term
loan agreement with German bank was signed for a total sum
of 50 million, the company’s press service reports.

Sums allocated within agreement frameworks are intended for
funding the project aimed at the reconstruction and development
of Armenia’s gas transportation and gas distribution systems.