$71 MILLION TO BE INVESTED IN RECONSTRUCTION AND EXTENSION OF ARMENIAN GAS TRANSMISSION NETWORK
arminfo
2008-03-25 14:59:00
ArmInfo. ArmRusgasprom CJSC reports that 21.71 billion drams
($71 million) will be invested in the reconstruction, extension and
increase of design capacity of gas transmission network of the company
within 2008.
In particular, 19.36 billion drams or 89.1% of the investment will
be spent on extension of the network, 488.1 million drams on repair
of damaged parts of the gas main. The company reports that the
ArmRusgasprom’s program of reconstruction, technical re-equipment,
extension and planned and preventive repair of gas transmission network
facilities for 2010 will help raising the safety of gas pipelines and
minimizing failures. The company plans to conduct diagnostic study of
250 km gas main and 400 km gas transmission pipelines in 2008. About
176 km gas pipeline and 4.5 km DU500mm pipe will be renewed. A new
1.4 km offtake pipe will be built, a gas treatment unit will be
installed on the Armenian border (custody transfer meter ‘Koghb’)
and the technological equipment at 20 operating gas transmission
stations will be replaced.
To recall, ArmRusgasprom is the exclusive importer of natural gas
to Armenia. The investment program of the company for 2008-1020 is
45,188.5 million drams ($147.1 million).