Announcement

Collapse
No announcement yet.

Abovyan Gas Depository Restoral as Important as New Pipeline

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Abovyan Gas Depository Restoral as Important as New Pipeline

    PROJECT TO RESTORE ABOVYAN UNDERGROUND GAS DEPOSITORY IS AS IMPORTANT
    AS IRAN-ARMENIA GAS PIPELINE CONSTRUCTION



    YEREVAN, DECEMBER 11. ARMINFO. The project to restore the Abovyan
    underground gas depository is as important as the construction of a
    gas pipeline from Iran to Armenia, says the director general of the
    ArmRosgazprom company Karen Karapetyan.

    Armenia's energy and strategic security is based on this depository.
    "I hope that necessary money will be found for the project next year
    which is a serious problem though considering the present volume of
    gas market in Armenia," says Karapetyan noting that some $30 mln is
    needed to restore the depository. But the project can well be carried
    out in stages - some $7 mln for the beginning. It is also necessary to
    solve the problem of brine. "Unless the Nairit chemical plant is
    restarted we will have to build a special reservoir for brine
    production," says Karapetyan.

    The project is to increase the amount of stored gas from 100 mln c m
    to 200 mln c m. The Russian Gazprom may take part in it. "We hope that
    Gazprom will invest money in Armenia including in the Iran-Armenian
    gas pipeline project but Armenia should take certain obligations." The
    same is for the cooperation with the EU who has provided 3 mln EUR for
    drafting the project feasibility report, says Karapetyan noting that
    experts of the Podzemgazstroy (Underground Gas Construction) company
    from Russia are also examining the project.
Working...
X