Russian Ambassador To Armenia Met With The Working Staff Of "ArmRusg

RUSSIAN AMBASSADOR TO ARMENIA MET WITH THE WORKING STAFF OF "ARMRUSGASPROM"

ARMENPRESS
Nov 25, 2009

YEREVAN, NOVEMBER 25, ARMENPRESS: Russian Ambassador to Armenia
Vyacheslav Kovalenko visited today the administrational complex of
"ArmRusgasprom" company and met with the company’s working staff.

An official from the company told Armenpress that welcoming the guest
and expressing gratitude for accepting the invitation Chairman and
Director General of "ArmRusgasprom" administration Karen Karapetyan
thoroughly presented the company’s activity and financial-economic
indexes and noted that today the company is leading by its large
quantity of regulatory capital, actives and main means.

The investment package of the recent years makes over $ 750 million;
the main investments are directed toward the implementation of two
extensive programs of gas-energy sphere and of strategic significance
– the construction of Iran-Armenia gas pipeline and the updating of
the fifth energy block of Hrazdan’s thermo-power plant.

According to K. Karapetyan, one of the tasks the company is to fulfill
is business diversification and dynamic development, and its strategic
goal is to become a gas-energy company of regional significance, as
the present potential creates serious opportunities of being involved
in regional energy programs.

Expressing his gratification on the meeting Russian Ambassador
Vyacheslav Kovalenko noted that there is a bilateral interest in
strengthening the Armenian-Russian cooperation in all directions
and first of all in economic and energy spheres. The activity of
"ArmRusgasprom" is one of the best manifestations of that cooperation.

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