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Armenia to increase import of gas from Russia in 2005

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  • Armenia to increase import of gas from Russia in 2005

    ITAR-TASS News Agency
    TASS
    December 28, 2004 Tuesday 4:56 AM Eastern Time

    Armenia to increase import of gas from Russia in 2005

    By Yulia Bagrysheva

    MOSCOW

    Armenia will increase the import of natural gas from Russia by 25
    percent in 2005, representative of the joint-stock company
    "ArmGazprom" Karen Karapetyan told journalists on Tuesday.

    According to Karapetyan, growth of gas deliveries is mainly connected
    with the increased gas supplying of the republic and better
    socio-economic situation in Armenia.

    In 2004, Russia delivered 1.33 billion cubic metres of natural gas to
    Armenia, and in 2005, the volume will amount to 1.7 billion cubic
    meters.

    "ArmGazprom" is the only supplier of natural gas to the internal
    market of Armenia. The company was founded in Yerevan in 1997 to sell
    natural gas to local consumers and transport Russian gas through the
    territory of Armenia to other countries.
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