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Armrusgasprom Shareholders To Hold Annual Meeting In Yerevan

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  • Armrusgasprom Shareholders To Hold Annual Meeting In Yerevan

    ARMRUSGASPROM SHAREHOLDERS TO HOLD ANNUAL MEETING IN YEREVAN

    ARKA
    June 22, 2009

    YEREVAN, June 22. /ARKA/. The shareholders of Armenia's gas
    distribution monopoly ArmRusGasProm are to hold today an annual
    meeting in Yerevan, said Valery Golubev, Gazprom representative.

    "The annual meeting will focus on the company's dividend policy,
    social programs implementation and the price policy," he was quoted
    as saying at a conference Armenia at the Crossroads of Communication.

    The shareholders are to sum up the economic year of 2008, Golubev
    added.

    Established in 1997, Armenia's gas distribution monopoly ArmRusGasProm
    is owned by the Russian gas giant Gazprom (80%) and the RA Ministry of
    Energy and Natural Resources (20%). The company's authorized capital
    amounts to $580.8mln.

    Russian natural gas supplies to Armenia pass through the territory
    of Georgia.
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