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'ArmRosgazprom' CJSC To Invest About $20 Mln Till Late, 2008, In Reg

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  • 'ArmRosgazprom' CJSC To Invest About $20 Mln Till Late, 2008, In Reg

    'ARMROSGAZPROM' CJSC TO INVEST ABOUT $20 MLN TILL LATE, 2008, IN REGULATION OF GAS SUPPLY REGIMES IN YEREVAN

    ArmInfo
    2008-10-15 16:49:00

    ArmInfo. Within the frames of the programme of regulation of gas
    supply regimes in 2008, "ArmRosgazprom" CJSC will invest over 6 bln
    drams (about $20 mln), the Company's message says.

    According to the source data, the investments will be directed to
    enhancement of the diameters, the flow capacity and cross-feeding of
    the operating gas pipelines, installation of 185 cabinet-type gas
    control points, as well as for construction of the new fourth gas
    distribution station (GDS-4) which assures additional gas supply of
    Yerevan consumers.

    The main gas supply scheme, which is matched up with the capital's
    general layout and takes into account the city's development till
    2020, has been drawn-up for Yerevan. In the capital, "ArmRosgazprom"
    CJSC carries out repair, relaying and construction of overland
    and underground gas pipelines of average and low pressure, as
    well as the system reconstruction works directed to regulation of
    regimes and enhancement of the gas supply quality. At present, the
    works on reconstruction of the gas distribution network have been
    almost completed, that makes up over 60% of the envisaged volume of
    investments, and the works on construction of GDS-4 (40%) will be
    completed till late, 2008. As the Company said, the gas distribution
    system of Armenia has been designed and built in compliance with
    gas consumption standards in a Soviet period. As a result of sharp
    growth of the natural gas consumption in the republic over the last
    years it has become necessary to carry out a work for regulation of
    gas supply regimes. Taking into account the real opportunities of the
    gas distribution network and to assure normal gas supply to consumers
    this winter, "ArmRosgazprom" CJSC started carrying out the required
    works for settlement of these problems.
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