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Russian Gas Imports To Armenia Increase 30.9% In Jan-Mar 2007

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  • Russian Gas Imports To Armenia Increase 30.9% In Jan-Mar 2007

    RUSSIAN GAS IMPORTS TO ARMENIA INCREASE 30.9% IN JAN-MAR 2007

    Arka News Agency, Armenia
    April 28 2007

    YEREVAN, April 28. /ARKA/. 732.6 mln cubic meters of natural gas was
    imported from Russia to Armenia in the first quarter of 2007 against
    559.5mln cubic meters in the same period of 2006, the press service
    of the Armenian-Russian "ArmRosgasprom" CJSC holding the monopoly of
    Russian gas supplies to Armenia.

    The gas sales increased by 25.4% - from 508.7mln cubic meters in
    January-March 2006 up to 638.1mln cubic meters in the first quarter
    of 2007. In the period, the consumption totaled 235.9mln cubic meters
    for population, 78.4mln cubic meters for industry and 203.4mln cubic
    meters for the energy system.

    "ArmRosgasprom" CJSC enjoys the monopoly of supplies and distribution
    of the Russian natural gas on Armenia's domestic market. The company
    was founded in 1997. Its capital currently totals $398.8mln. The
    shareholders are "Gasprom" OJSC (57.59%), Armenia's Energy Ministry
    (34.7%) and oil-gas "Itera" company (7.71%).
    From: Baghdasarian
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