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Gas supply to Armenia to be temporarily stopped

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  • Gas supply to Armenia to be temporarily stopped

    ARKA News Agency, Armenia
    Dec 7 2007


    Gas supply to Armenia to be temporarily stopped


    YEREVAN, December 7. /ARKA/. Gas supply to Armenia will be
    temporarily stopped on December 8-11 because of the reconstruction of
    the South Caucasus- Tran-Caucasus gas main, the press service of the
    ArmRosGasProm (ARG) reports.

    Continuous gas delivery will be secured at the expense of the
    reserves of the Underground Gas Storage in Abovian.
    Founded in 1962, the gas storage can reserve 110mln cubic meters of
    gas. The station is able to supply Armenia with gas for about two
    months in case the gas-transport system is out of order.

    Monopolist in Armenia's gas supply market, the ArmRosgasprom CJSC was
    established in 1997. The company's capital amounts $580mln. Its
    shareholders are the Gasprom OJCS (57.59% of shares), the RA Ministry
    of Energy (34.7%) and the Itera Oil and Gas Company (7.71%). Z. Sh.
    -0--
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