‘ArmRosgazprom’ CJSC To Invest About $20 Mln Till Late, 2008, In Reg

‘ARMROSGAZPROM’ CJSC TO INVEST ABOUT $20 MLN TILL LATE, 2008, IN REGULATION OF GAS SUPPLY REGIMES IN YEREVAN

ArmInfo
2008-10-15 16:49:00

ArmInfo. Within the frames of the programme of regulation of gas
supply regimes in 2008, "ArmRosgazprom" CJSC will invest over 6 bln
drams (about $20 mln), the Company’s message says.

According to the source data, the investments will be directed to
enhancement of the diameters, the flow capacity and cross-feeding of
the operating gas pipelines, installation of 185 cabinet-type gas
control points, as well as for construction of the new fourth gas
distribution station (GDS-4) which assures additional gas supply of
Yerevan consumers.

The main gas supply scheme, which is matched up with the capital’s
general layout and takes into account the city’s development till
2020, has been drawn-up for Yerevan. In the capital, "ArmRosgazprom"
CJSC carries out repair, relaying and construction of overland
and underground gas pipelines of average and low pressure, as
well as the system reconstruction works directed to regulation of
regimes and enhancement of the gas supply quality. At present, the
works on reconstruction of the gas distribution network have been
almost completed, that makes up over 60% of the envisaged volume of
investments, and the works on construction of GDS-4 (40%) will be
completed till late, 2008. As the Company said, the gas distribution
system of Armenia has been designed and built in compliance with
gas consumption standards in a Soviet period. As a result of sharp
growth of the natural gas consumption in the republic over the last
years it has become necessary to carry out a work for regulation of
gas supply regimes. Taking into account the real opportunities of the
gas distribution network and to assure normal gas supply to consumers
this winter, "ArmRosgazprom" CJSC started carrying out the required
works for settlement of these problems.