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Session Of The Inter-Republic Association's Council Of Gas Companies

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  • Session Of The Inter-Republic Association's Council Of Gas Companies

    SESSION OF THE INTER-REPUBLIC ASSOCIATION'S COUNCIL OF GAS COMPANIES BUSINESS AND SCIENTIFIC-TECHNICAL COOPERATION KICKS OFF IN YEREVAN

    ARMENPRESS
    Oct 20, 2009

    YEREVAN, OCTOBER 20, ARMENPRESS: Session of the inter-republic
    association's council of gas companies business and
    scientific-technical cooperation kicked off today in Yerevan and will
    last until October 22. The sessions of this establishment created
    about 20 years ago are called twice each year. The selection of
    Yerevan as a place for conduction of the session is agreed with
    the recent positive indexes registered in Armenia's gas sphere,
    implemented reforms and innovations. With the visit to Yerevan an
    aim was put to get acquainted with the activity of "ArmRusgasprom"
    and develop mechanisms of exchange of experience. The association
    includes European, CIS and Baltic countries' gas services and
    gas-transport companies.

    In the Yerevan session Russian, Estonian, Czech, German, Ukrainian,
    Lithuanian, Belarus, Finn and Moldovan companies take part.

    Among the discussed issues will be the activity of members of the
    association, development prospects, exploitation of gas-transport
    systems, security issues and a number of other issues relating to
    the sphere.

    General director of "ArmRusgasprom" Karen Karapetyan presented the
    activity of the company, issues aroused as a result of the crisis and
    steps directed toward their solution, development programs implemented
    in the Armenia's gas sphere.

    Karapetyan said the company is one of the leading investors in
    Armenia. He said construction of the Iran-Armenia gas pipeline was one
    of the most serious steps directed toward increase of level of energy
    security in Armenia. Last year the preparatory round of reconstruction
    and upgrading of the 5th unit of Hrazdan Thermo Power Plant have been
    fully finished and the main works have already launched.

    The general director said that the company continues expanding its
    positions in financial market and undertakes steps toward increase
    of the efficiency of management.

    "The last 2008 and the first half of this year were difficult but at
    the same time full and effective," he said.
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