ARMROSGAZPROM: REQUEST FOR REVIEWING GAS TARIFFS TO BE SUBMITTED TO PSRC
PanARMENIAN.Net
12.01.2010 14:49 GMT+04:00
/PanARMENIAN.Net/ An application for reconsideration of natural gas
tariffs will be soon submitted to the Public Services Regulatory
Commission of the Republic of Armenia. The decision was made by
company’s Director General Karen Karapetyan in an extended session
held Monday.
Estimating the company’s activities for the past year, Mr. Karapetyan
recommended its subdivisions to generalize and prepare 2009 reports,
focusing particularly on the financial and economic indexes of gas
supply, security system installation and other programs.
Founded in 1997, ArmRosGazprom, a subsidiary of Gazprom, supplies
gas for the domestic market in Armenia. The company also transports,
stores, processes, distributes, and sells natural gas; and generates
electricity, as well as engages in the reconstruction and expansion
of the gas transportation system and underground storage facilities
system in Armenia. In addition, it manages gas deliveries from the
Russian Federation to Armenia, as well as exports to Turkey.
Currently, the company’s authorized capital totals AMD 316.6 billion.