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Number Of Gas Subscribers Exceeds 535,700 In Armenia

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  • Number Of Gas Subscribers Exceeds 535,700 In Armenia

    NUMBER OF GAS SUBSCRIBERS EXCEEDS 535,700 IN ARMENIA

    ARKA
    June 10, 2008

    YEREVAN, June 11. /ARKA/. The number of subscribers connected to
    Armenian gas network had totaled 535,741 by June 1, the Press Service
    of ArmRosgasprom closed joint stock company reported.


    According to company, the number of subscribers who got connected to
    the gas network in the first five months of 2008 was 19,469. The number
    of actual gas consumers of ArmRosgasprom grew by 4,001 subscribers
    in May only, the Press Service of the company reported.


    "ArmRosgasprom" holds the monopoly for supply and distribution of
    the Russian natural gas on the domestic market of Armenia.


    The company was founded in 1997. Its capital is about $900mln
    currently. The shareholders are "Gasprom" open joint stock company
    (72.16%), Armenia's Ministry of Energy and Natural Resources (22.78%)
    and "Itera" oil and gas company (5.06%).
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