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Armrusgazprom Invests 83 Million Dollars In System In Past 5 Years

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  • Armrusgazprom Invests 83 Million Dollars In System In Past 5 Years

    ARMRUSGAZPROM INVESTS 83 MILLION DOLLARS IN SYSTEM IN PAST 5 YEARS

    Noyan Tapan
    Oct 31 2006

    YEREVAN, OCTOBER 31, NOYAN TAPAN. In the past 5 years, ArmRusgazprom
    company has invested 83 million USD in the system. The overall
    revenues of the company made 236 mln USD, its profit - 3 mln 750
    thousand USD. Karen Karapetian, Chairman of ArmRusgazprom Board,
    General Executive Director of the company, said this at the October
    31 press conference. Natural gas imports into Armenia increased by
    61% in 2006 on 2001, while the use of gas grew by 65%. The number of
    commercial users increased by 526% compared with 2001, while the number
    of subscribers increased by 336% and made 450 thousand. According to K.
    Karapetian, gas supply networks have been installed in 97 communities
    and city districts of various marzes. In early 2007, the number
    of potential subscribers will make 630 thousand, while the number
    of actual subscribers will exceed 450 thousand. K. Karapetian said
    that in the indicated period the consumption volume of gas filling
    stations has grown by 636%. According to him, the current capacity
    of the Abovian underground gas depot makes 110 million cubic meters,
    and it is envisaged to increase this capacity to 150 mln cubic meters
    in 2009.
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