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Gas Consumption Declines In Energy Sector And Industry

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  • Gas Consumption Declines In Energy Sector And Industry

    GAS CONSUMPTION DECLINES IN ENERGY SECTOR AND INDUSTRY

    Noyan Tapan
    May 22 2006

    YEREVAN, MAY 22, NOYAN TAPAN. In the first quarter of 2006, 508.7 mln
    cubic meters of natural gas was sold in Armenia, or by 22.72 mln cubic
    meters less than in the same period of last year. The gas consumption
    by the population grew by 39.43 mln c.m. on the first quarter of 2005,
    while gas consumption in the energy sector and industry declined by
    66.38 mln c.m. and 11.56 mln c.m.

    Director General of ArmRusgazprom company Karen Karapetian
    stated this at the May 22 round table at the Clib of Economic
    Journalists. According to him, the gas payment collection for last
    year made up 105% or 26.2 bln drams (about 59 mln USD), with 10.4 bln
    drams of this sum being transferred to the state budget, and 5.8 bln
    drams - allocated for operational costs. 8.7 bln drams was invested
    in the system last year: for extension of the distribution network,
    increasing the number of users, etc. Approximately the same amount
    will be invested this year. It was noted that over the last three
    years, about 60 mln USD has been invested in ArmRusgazprom's system.
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