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Russian Gas Deliveries To Armenia Down 19.7% In 2009

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  • Russian Gas Deliveries To Armenia Down 19.7% In 2009

    RUSSIAN GAS DELIVERIES TO ARMENIA DOWN 19.7% IN 2009

    Interfax
    Feb 1 2010
    Russia

    Russian gas deliveries to Armenia declined 19.7% to 1.809 billion
    cubic meters in 2009, down from 2.254 bcm in 2008, the Armrosgazprom
    concern reported.

    Armrosgazprom sold 1.661 bcm of gas last year, 20.1% less.

    Households consumed 0.553 bcm of gas (6.1% less), power generation
    -0.366 bcm (39.7% less), industrial enterprises - 0.260 bcm (29.5%
    less), and filling stations for natural gas fueled vehicles - 0.306
    bcm (11.2% less).

    The company said demand declined due to the global financial crisis
    and to dispatching constraints faced by power companies.

    Armrosgazprom was founded in 1997. Gazprom (RTS: GAZP) owns 80%
    and the Armenia government has 20%.
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