Russian gas deliveries to Armenia up 4% in 11 mths

Russia & CIS Business and Financial Newswire
December 5, 2007 Wednesday 1:08 PM MSK

Russia delivered 1.7827 billion cubic meters of natural gas to
Armenia in the first 11 months of the year, 3.9% more than in the
same period a year earlier, the ArmRosgazprom company reported.

A total of 1.6087 billion cubic meters were sold, including 359.7
million cubic meters (mcm) to industrial consumers, 434.2 mcm to
households, and 446.4 mcm to the power generation sector.

Armenian-Russia ArmRosgazprom is the monopoly supplier of gas to
Armenia. The company’s shareholders are Gazprom (RTS: GAZP) with
57.59%, Armenia with 34.7% and Itera (RTS: ITER) with 7.71%.

Armenia pays $110 per 1,000 cubic meters for Russian gas. The price
has been effective since January 1, 2006.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2007/12/07/russian-gas-deliveries-to-armenia-up-4-in-11-mths/

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