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ArmRosgazprom: Request For Reviewing Gas Tariffs To Be Submitted To

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  • ArmRosgazprom: Request For Reviewing Gas Tariffs To Be Submitted To

    ARMROSGAZPROM: REQUEST FOR REVIEWING GAS TARIFFS TO BE SUBMITTED TO PSRC

    PanARMENIAN.Net
    12.01.2010 14:49 GMT+04:00

    /PanARMENIAN.Net/ An application for reconsideration of natural gas
    tariffs will be soon submitted to the Public Services Regulatory
    Commission of the Republic of Armenia. The decision was made by
    company's Director General Karen Karapetyan in an extended session
    held Monday.

    Estimating the company's activities for the past year, Mr. Karapetyan
    recommended its subdivisions to generalize and prepare 2009 reports,
    focusing particularly on the financial and economic indexes of gas
    supply, security system installation and other programs.

    Founded in 1997, ArmRosGazprom, a subsidiary of Gazprom, supplies
    gas for the domestic market in Armenia. The company also transports,
    stores, processes, distributes, and sells natural gas; and generates
    electricity, as well as engages in the reconstruction and expansion
    of the gas transportation system and underground storage facilities
    system in Armenia. In addition, it manages gas deliveries from the
    Russian Federation to Armenia, as well as exports to Turkey.

    Currently, the company's authorized capital totals AMD 316.6 billion.
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