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ARG To Expand Abovian Underground Gas Storage Facility

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  • ARG To Expand Abovian Underground Gas Storage Facility

    ARG TO EXPAND ABOVIAN UNDERGROUND GAS STORAGE FACILITY

    Armenpress
    Feb 20 2007

    YEREVAN, FEBRUARY 20, ARMENPRESS: The joint Russian-Armenian gas
    operator-ArmRosGazProm (ARG) has pledged to invest 5.1 billion drams
    in 2007-2009 to upgrade and expand an underground gas storage facility
    located near the town of Abovian.

    The operator plans to build new storage facilities which will be
    able to store over 150 million cubic meters of gas. Overall Armenia
    presently has about 240 million cubic meters of underground natural
    gas storage capacity that can be used for seasonal adjustment of
    natural gas flows.

    The reservoir in Abovian is the largest. During the Soviet era it
    could store up to about 180 million cubic meters of natural gas. Now,
    however, the facility can hold no more than about 110 million cubic
    meters. Refurbishment of this facility is of great strategic importance
    from a gas supply management consideration. The Abovian underground
    gas storage facility could also be useful in transiting gas from
    central Asia through Armenia to other countries.
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