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No sale of Hayrusgazard shares discussed in Moscow

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  • No sale of Hayrusgazard shares discussed in Moscow

    NO SALE OF HAYRUSGAZARD SHARES DISCUSSED IN MOSCOW

    ArmenPress
    May 17 2004

    YEREVAN, MAY 17, ARMENPRESS: HayRusGazArd company, a joint
    Russian-Armenian company and the sole natural gas supplier to Armenia,
    denied today media allegations that president Kocharian discussed
    during his weekend visit to Moscow with the chief manager of Russian
    Gazprom the question of handing over 45 percent of HayRusGazArd shares
    to the Russian company.

    A spokeswoman for HayRusGazArd, Shushan Sardarian, said 45 percent
    of the company's shares belong to the government of Armenia, another
    45 percent to Gazprom and 10 percent to Itera.

    She said Gazprom CEO Alexey Miller and Robert Kocharian discussed the
    current situation with Russia's gas supplies to Armenia and issues
    connected with the condition of the gas network in Armenia.

    From: Emil Lazarian | Ararat NewsPress
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