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Armenian, Georgian Gas Engineers Discuss Gas Transit Problem

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  • Armenian, Georgian Gas Engineers Discuss Gas Transit Problem

    ARMENIAN, GEORGIAN GAS ENGINEERS DISCUSS GAS TRANSIT PROBLEM

    ARKA
    March 5, 2008

    YEREVAN, March 5. /ARKA/. Representatives of the Oil and Gas
    Corporation of Georgia and of the ArmRosgasprom Company held a
    technical meeting in Tbilisi on February 28-29 to discuss the issue
    of gas transit to Armenia.

    The ArmRoasgasprom Company reports that the meeting discussed a wide
    range of issue, including problems of gas supply to Armenia as well
    as increase of the capacity of the north Caucasus-Transcaucasus gas
    transport system.

    The meeting determined the ways of further development of cooperation
    in accomplishing programs.

    The ArmRosgasprom Company holds a monopoly of supply and distribution
    of Russian gas in Armenia. Gas is transited to Armenia through Georgia.

    The company was founded in 1997, the stockholders being Gasprom (57.59%
    of shares), RA Ministry of Energy (34.7%) and ITERA (7.71%).
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