ARMROSGASPROM: PROVISION OF GAS IN ARMENIA REHABILITATED

ARKA
May 11, 2010
YEREVAN

YEREVAN, May 11. /ARKA/. Provision of natural gas in Armenia is
rehabilitated on May 11 at 4.00 am, informed press-service of
"Armrosgasprom" on Tuesday.

Provision of Russian gas to Armenia was temporarily terminated on
April 28 due to the damage of highway gas-pipeline in the result of
land-slide in the section Kobi-Gudauri in one of mountainous regions
of North Caucasus.

Provision of gas was prolonged due to new damages in the gas-pipeline
in Georgia. Tamar Shoshiashvili, Head of PR Department of Georgian
Oil & Gas Corporation said that on May 4 20-ton clod was fallen down
from the rock near Zhinval Hydro-Power Station and on May 6 land-slide
in four villages of Dusheti region took place.

>>From the evening of April 28 to May 10 provision of gas to Armenia
was terminated. Internal demand of gas is about 2.5 million cubic
meters daily and it was provided from reserved gas.

Abovyan gas storage provides regulation of seasonal and peak
irregularities in the industrial usage of gas, as well as gas provision
of the most important gas consumers of Armenia. In case hydro-power
stations have any damage it can provide the most important gas
consumers for 1-1.5 months.

CJSC "ArmRosgasprom" is a monopolist in the internal market of
Armenia. Gas enters Armenia by transit through Georgia. The company
was established in 1997. The share of Open JSC "Gasprom" is 80% in
the charter capital of the company, the share of the Government of
Armenia is 20%.