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Alexey Miller: Gazprom's expansion in Armenia guarantees sound and s

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  • Alexey Miller: Gazprom's expansion in Armenia guarantees sound and s

    News Bites - Central and Eastern Europe: Russia
    February 28, 2014 Friday

    Alexey Miller: Gazprom's expansion in Armenia guarantees sound and
    sustainable development of Armenian fuel and energy sector


    A working meeting between Alexey Miller, Chairman of the Gazprom
    Management Committee and Serzh Sargsyan, President of the Republic of
    Armenia took place today in Yerevan as part of Gazprom delegation's
    visit to Armenia.

    The parties addressed the main cooperation issues in the energy
    sector. It was stressed that the international agreements signed in
    December 2013 gave a major boost to further economic development of
    Armenia.

    A focus was placed on prospective activities of Gazprom Armenia
    (former ArmRosgazprom), which became a wholly-owned subsidiary of
    Gazprom. The meeting noted that enhancing the reliability of gas
    supplies to Armenian consumers was the main priority of the company.

    Alexey Miller and Serzh Sargsyan agreed to jointly develop a General
    Gas Supply and Gasification Scheme of Armenia.

    As part of the visit, Alexey Miller met with employees of Gazprom Armenia.

    In addition, special attention was paid to the ongoing integration of
    Gazprom Armenia into Gazprom. It was highlighted that adjusting the
    corporate standards of Gazprom Armenia in alignment with those
    accepted in Gazprom would significantly improve the company's
    performance. The meeting also considered the production and marketing
    outlook of Gazprom Armenia.

    "Gazprom's expansion in Armenia guarantees sound and sustainable
    development of Armenian fuel and energy sector, fortifies its energy
    security and significantly contributes to the socioeconomic growth of
    the country," said Alexey Miller.

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