Karapetian: Need to Make Iran Gas Pipeline Part of ArmRusGazProm Str

AZG Armenian Daily #206, 28/10/2006

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KAREN KARAPETIAN: WE NEED TO MAKE IRAN-ARMENIA GAS PIPELINE PART OF
ARMRUSGAZPROM STRUCTURE
Before the Government conference, Karen Karapetian, director of
ArmRusGazProm company, answered a number of questions concerning some
information about the Iran- Armenia gas pipeline.
He said that the gas pipeline doesn’t consist of two parts. It
stretches for 40 km and united the Iranian gas system with that of
ArmRusGazProm.
As for the issue of selling the gas pipeline on the Russian side,
Karapetian said that it will be better if the pipeline belonged to
ArmRusGazProm. In the course of the Government conference, Karapetian
represented the arrangements that the company carries out to secure
safe gasification of the local gas network. In particular, the company
experts check all the gas equipment of all the subscribers and carry
out other activities twice every year. At the same time,
Mr. Karapetian emphasized the importance of the responsible behavior
of the subscribers, as well, for securing safe utilization of gas. He
also informed that they have enlarged the volumes of stored gas,
making them 110 million cubic meters. In case of emergency situation,
the stored gas will be enough for 2 months in summer and for 20-25
days in winter. The daily volume of gas waste makes 5 million cubic
meters in summer and 9-10 million cubic meters in winter.
Gazprom’s shares in ArmRusGazProm will increase from 45% to 58%
The official website of Russia’s Gazprom Company informs that the
Board of Directors of the company agreed yesterday to acquire excess
shares of ArmRusGazProm. As a result of the deal Gazprom’s shares in
ArmRusGazProm’s authorized capital stock will increase from 45% to
58%.
By Ara Martirosian