Gas Imports Into Armenia Grow By 19.7% In 2007

GAS IMPORTS INTO ARMENIA GROW BY 19.7% IN 2007

Noyan Tapan
Jan 24, 2008

YEREVAN, JANUARY 24, NOYAN TAPAN. Last year, natural gas imports
into Armenia grew by 19.7% and made 2 bln 54 mln cubic meters. NT
correspondent was informed by the press service of ArmRusgazprom
company that gas sales grew by 17.9% to 1 bln 869 mln cubic meters,
icluding consumption of natural gas by the population (32.5% growth
to about 532 mln cubic meters).

Industrial consumption grew by 406 mln cubic meters or 17.5% as
compared with 2006.

According to the same source, last year there were 6,250 gas consuming
organizations against 4,838 ones in 2006. The amount of gas supplied
to these organizations increased by 12.9% to nearly 1 bln 337 mln
cibic meters.

Among the largest gas consumers were the Yerevan Thermal Power Plant
(TPP), the Hrazdan TPP, the Nairit Plant, Ararat Cement and Mika
Cement. Gas consumption by Nairit grew by 47.9%, by Ararat Cement –
by 14.4%, by Mika Cement – by 1.4% as compared with 2006. Consumption
by the Hrazan TPP declined a bit: 354 cubic meters in 2007 against
368 cubic meters in 2006.

40.3 bln drams (about 132 mln USD) was invested by ArmRusgazprom in
the system in 2007.