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Gasprom: Georgian Gas Transporting System Needs To Be Rehabilitated

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  • Gasprom: Georgian Gas Transporting System Needs To Be Rehabilitated

    GASPROM: GEORGIAN GAS TRANSPORTING SYSTEM NEEDS TO BE REHABILITATED FOR MEETING ARMENIAN GAS DEMAND

    ARKA
    Apr 2, 2009

    YEREVAN, April 2. /ARKA/. Complex rehabilitation and development
    works need to be carried out within the gas transporting system of
    Georgia in order to meet growing demand for natural gas in Armenia,
    Vice-Chairman of Gasprom open joint stock company Valery Golubev said.

    Gasprom suggested Tbilisi to discuss possible participation of
    the company in reconstruction and development of the Georgian gas
    transporting system, the Press Service of ArmRosgasprom reported
    referring to Golubev.

    Transit via Georgian territory is the main route of the Russian gas
    supplies to Armenia, he said.

    Largely worn-out state of the Georgian gas transporting system gives
    rise to concerns about the reliability of gas supply to Armenian
    consumers, Golubev said.

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

    The company was founded in 1997. Its stockholders are "Gasprom" open
    joint stock company (80%) and the Armenian Government (20%).
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