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Yerevan Arrangements With Gazprom Implemented

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  • Yerevan Arrangements With Gazprom Implemented

    YEREVAN ARRANGEMENTS WITH GAZPROM IMPLEMENTED
    by Mikhail Petrov

    ITAR-TASS, Russia
    Oct 30 2006

    All of Yerevan's arrangements with Gazprom are being implemented,
    Armenian President Robert Kocharyan told Russian President Vladimir
    Putin on Monday.

    "All serious talks on energy projects with Gazprom enter the stage of
    implementation," Kocharyan said. In this connection he remarked that
    the situation with capital investment, when Russia rates third for the
    volume of investment in Armenia, should change. "This situation will
    surely change over next year; I have no doubt of that," Kocharyan said.

    He also said the implementation of the "Armenal" project, to be one
    of the biggest enterprises in the region, had begun a few days ago.

    ("Armenal" will account by 2008 for up to 2.5 percent of world output
    of thin foil - Itar-Tass).
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