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Gazprom and Armenia sign long-term agreement

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  • Gazprom and Armenia sign long-term agreement

    SKRIN Market & Corporate News
    April 6, 2006

    Gazprom and Armenia sign long-term agreement


    Gazprom and the Government of the Armenian republic signed a 25-year
    long-term agreement envisaging ArmRosgazprom to purchase a 40-km long
    section of the pipeline between Armenia and Iran and the fifth power
    unit of Razdan TES, as well as construction of a 197 km section of
    the pipe line between Armenia and Iran.

    The agreement fixed price for Russian gas at $ 110 per 1,000 cubic
    meters till January 1, 2009, Gazprom's press service told SKRIN.
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