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Intensive Process Of Gas Supply Restoration To Be Completed In Armen

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  • Intensive Process Of Gas Supply Restoration To Be Completed In Armen

    INTENSIVE PROCESS OF GAS SUPPLY RESTORATION TO BE COMPLETED IN ARMENIA BY LATE 2006

    Noyan Tapan
    May 22 2006

    YEREVAN, MAY 22, NOYAN TAPAN. As of January 1, 2006, the number of
    actual users of ArmRusgazprom company made 531,853 against 485,585
    users in the Soviet time. ArmRusgazprom's Director General Karen
    Karapetian said during the May 22 round table that 41 cities and 376
    rural communities of Armenia have been provided with gas supply. It
    is planned to provide Davidashen and Nor Nork communities of Yerevan
    (where there was no gas supply network previously) with gas supply in
    June-July. K. Karapetian said that gas supply provision work of 899.3
    mln drams (about 2 mln USD) was done in the first quarter of this
    year, as a result of which the number of actual users has increased
    by another 11,624, while that of possible users - by 5,100. It was
    noted that the intensive stage of gas supply restoration process will
    be completed in Armenia by 2007. The company has launched a move,
    under which those to submit an application for gas supply provision
    in the period from April 1 to August 1 may become ArmRusgazprom's
    users without making a prepayment of 40,000 drams. According to
    K. Karapetian, under agreements signed with Converse Bank and Anelik
    Bank, credits will be given to citizens to carry out in-house assembly
    work. The credist are repayable over a year and carry interest rates
    of 18-22%. The in-house work is done by ArmRusgazprom only.
    From: Baghdasarian
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