Natural Gas Supplies To Armenia In Q1 Drop By 14% To 575 Million Cub

NATURAL GAS SUPPLIES TO ARMENIA IN Q1 DROP BY 14% TO 575 MILLION CUBIC METERS

ARKA
April 26, 2010
YEREVAN

YEREVAN, April 26, /ARKA/. The volume of natural gas deliveries to
Armenia in the first 3 months of 2010 dropped by 14% year-on-year
to 575 million cubic meters, Armenia’s national gas operator,
ArmRosGazprom (ARG) said.

According to a statement, posted on the company’s official website,
natural gas sales in the country in the reporting period of time
fell by 14.2% to 536.5 million cubic meters. Household consumption
contracted by 20.1% to 214.1 million cubic meters. The power gird
consumed some 99 million cubic meters that was almost 21% less than
in the first quarter of 2009. Industrial sector’s consumption was
slightly up, by 1.8% making 75.2 million cubic meters.

Stations selling liquefied gas to motor vehicles reported a 6.6%
decline to 65.3 million cubic meters. Other consumers said their
consumption dropped by 6.4% to 83 million cubic meters.

ARG has a monopoly over the delivery and distribution of natural
gas in Armenia which is mainly imported from Russia via Georgia
and partially from Iran. The Armenian government owns 20% in ARG,
and the remaining 80% is owned by Russia’s Gazprom.