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HayRusGazArd Eyes Iran-Armenia Gas Pipeline

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  • HayRusGazArd Eyes Iran-Armenia Gas Pipeline

    Armenpress

    HAYRUSGAZARD EYES IRAN-ARMENIA GAS PIPELINE

    YEREVAN, OCTOBER 27, ARMENPRESS: The chief manager
    of the Russian-Armenian joint venture that delivers
    Russian natural gas to Armenia via Georgia, said
    yesterday the company asked the government to let it
    take the management of a second gas pipeline that
    stretches from Iran to Armenia.
    Karen Karapetian, the chief manager of HayRusGazArd
    company, said the Iran-Armenia gas pipeline will have
    to be connected to HayRusGazArd network. Karapetian
    denied media allegations that the Iran-Armenia gas
    pipeline will be handed to a Russian company. He said
    the question is whether Iran-Armenia pipeline will be
    an independent company or will be given to
    HayRusGazArd. He said handing the Iran-Armenia
    pipeline to HayRusGazArd was logical.
    Forty-five percent of shares in HayRusGazArd are
    owned by Russian Gazprom, 10 percent are owned by
    another Russian-owned group ITERA and the remaining 45
    percent belong to the Armenian government.

    From: Emil Lazarian | Ararat NewsPress
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