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Armenia To Raise Georgian Gas Supplies To 15mln M3 Daily In Winterti

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  • Armenia To Raise Georgian Gas Supplies To 15mln M3 Daily In Winterti

    ARMENIA TO RAISE GEORGIAN GAS SUPPLIES TO 15MLN M3 DAILY IN WINTERTIME

    ARKA
    Dec 11, 2008

    YEREVAN, December 11. /ARKA/. Armenia is planning to bring the Georgian
    gas supplies up to 15mln cubic meters per day in wintertime, Armenian
    Premier Tigran Sargsyan said.

    To achieve this, intense work was carried out with the Georgian
    colleagues on reconstruction of the network on the Georgian territory
    this year, the Premier told journalists in Tbilisi in summarizing
    the results of the 7th sitting of Armenian-Georgian intergovernmental
    commission on economic cooperation. The work was successfully completed
    and "we expressed gratitude to our Georgian colleagues for prompt
    work", Armenian Premier said.

    Sargsyan said that an extra run of the pipeline will be required
    only if additional agreements are made about increasing the gas
    supply volume.

    "ArmRosgasprom" holds the monopoly for supply and distribution of
    the Russian natural gas on the domestic market in Armenia. The gas
    is supplied to Armenia via Georgia.

    "ArmRosgasprom" was founded in 1997. After implementation of two out
    of three planned investment stages of the project (after purchase
    of additional shares of ArmRosgasprom in 2006 and 2008) the share of
    "Gasprom" company in the authorized stock has increased to 75.55%.

    The share of the Armenian Government is 20% and that of "Itera"
    4.44%. (1$=308.41Drams).
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