GAZPROM LOSING IN ARMENIA

The Messenger, Georgia
June 25 2014

Wednesday, June 25

According to the information from Gazprom in Armenia, the company
that provides Russian natural gas to Armenia is incurring losses.

The audit results illustrated that the company’s performance is quite
poor. For the last five years the company has not gained profit and
its existence is only explained through the strategic partnership
between Armenia and Russia. (The Messenger)