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No Prepayment For Gas Meter Installation In Armenia May 1 To Aug 1

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  • No Prepayment For Gas Meter Installation In Armenia May 1 To Aug 1

    NO PREPAYMENT FOR GAS METER INSTALLATION IN ARMENIA MAY 1 TO AUG 1

    ARKA
    May 4, 2008

    YEREVAN, May 4. /ARKA/. The Armenian Russian Company "ArmRosgasprom"
    has announced an action - installation of gas meters without a 40,000
    AMD prepayment from May 1 to August 1, 2008.

    The ArmRosgasprom press service reports that the reason for the action
    is citizens' numerous requests.

    The company reports a 5.1% increase in the supply of natural gas to
    Armenia in January-March 2008 as compared with the corresponding period
    last year. A total of 704.3mln cubic meters out of the 785.5mln cubic
    meters supplied to Armenia were sold - 10.l4% increase. Armenia's
    population consumed a total of 295.84mln cubic meters of gas -
    a 25.4% increase.

    The ArmRosgasprom Company holds a monopoly of the supply of Russian
    gas to Armenia.

    The company was founded in 1997. The stockholders of the company are
    Gasprom (57.59%), RA Ministry of Energy (34.7%) and the ITERA oil
    and gas company (7.71%).
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