‘ArmRosgazprom’ CJSC To Invest $25,6 Mln In Reconstruction Of Gas Di

‘ARMROSGAZPROM’ CJSC TO INVEST $25,6 MLN IN RECONSTRUCTION OF GAS DISTRIBUTION NETWORK IN 2008

ArmInfo
2008-07-24 17:39:00

"ArmRosgazprom" Armenian-Russian CJSC is going to invest 7,7 bln
drams ($25,6 mln) in reconstruction of the gas distribution network
in 2008, today’s message of the Company says.

It is also scheduled to invest 3 bln drams in construction of the new
fourth gas distribution station for Yerevan, 1,1 bln drams will be
sent for relaying of the operating emergency gas pipelines and 3,6
bln drams – for regulation of gas supply regimes. These works are
carried out for regulation of regimes, enhancement of the quality of
gas supply and operational integrity.

To recall, "ArmRosgazprom" CJSC was created in December, 1997. It
is an exclusive natural gas importer to Armenia. RA government owns
22,78% of shares in the authorized capital, "Gazprom" OJSC – 72,16%
and "ITERA" Company – 5,06%.

From: Emil Lazarian | Ararat NewsPress

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS