GAZPROM-ARMENIA COOPERATION SUCCESS
ARKA
June 5, 2009
YEREVAN, June 5. /ARKA/. Alexey Miller, Gazprom Board Chairman,
believes that the Russian company’s cooperation with Armenia is
successful.
Referring to the Gazprom press service, RIA Novosti reports that the
sides agreed on a gradual transition to the European pricing system,
with preferential treatment of Armenia and simultaneous consolidation
of Gazprom’s positions on the Armenian energy market. Gazprom
plans to expand its presence in Armenia by increasing its share in
ArmRosgazprom.
The ArmRosgazprom CJSC is exclusive distributor of the Russian gas
in Armenia. The company was founded in 1997 by the Gazprom OJSC (80%)
and the RA Ministry of Energy and Natural Resources (20%).
"Our partnership involves not only the gas sector, but also the
electric energy one," Miller said.
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