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ArmRosgazprom to Exercise Iran-Armenia Gas Pipeline Exploitation

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  • ArmRosgazprom to Exercise Iran-Armenia Gas Pipeline Exploitation

    ArmRosgazprom to Exercise Iran-Armenia Gas Pipeline Exploitation

    PanARMENIAN.Net
    22.12.2006 16:56 GMT+04:00

    /PanARMENIAN.Net/ The concluding construction works at the
    Iran-Armenia gas pipeline will be finished by the end of the
    current year. After the essential tests the Iranian gas will be
    pumped to Armenia, RA Energy Minister Armen Movsisyan told a news
    conference in Yerevan. In his words, the exploitation of the gas
    pipeline will be exercised by ArmRosrazprom while the gas pipeline
    will be the property of High-Voltage Electric Networks state
    company. "Exploitation of a pipeline by an experienced company is
    economically beneficial. ArmRosrazprom is a company of the kind in
    Armenia. It's not ruled out that in future the 40-km gas pipeline
    will be put on balance of ArmRosrazprom as an addition to the share
    of the Armenian government in the authorized capital stock of the
    company. With availability of beneficial terms bargain is quite
    possible," the Minister added, reports IA Regnum.
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