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Russian Gas Deliveries To Armenia Up 2.8% In H1

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  • Russian Gas Deliveries To Armenia Up 2.8% In H1

    RUSSIAN GAS DELIVERIES TO ARMENIA UP 2.8% IN H1

    Interfax News Agency
    July 28 2008
    Russia

    Russia delivered 1.102 billion cubic meters of natural gas to Armenia
    in the first half of 2008, up 2.8% from the same period of 2007,
    the ArmRosgazprom company reported.

    A total of 1.009 bcm of gas were sold in Armenia in the half, up 6.2%
    from January-June 2007. The country's energy sector bought 215 mcm
    of gas, the population consumed 360 mcm and industrial consumers
    purchased 186 mcm.

    Armenian-Russia joint venture ArmRosgazprom is the monopoly supplier of
    gas to Armenia. The company's shareholders are the Armenian government
    with 22.78%, Gazprom (RTS: GAZP) with 72.16% and Itera (RTS: ITER)
    with 5.06%.
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