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FIFTH UNIT OF HRAZDAN POWER PLANT IMPORTANT TO SOUTH CAUCASUS
ARKA
June 1, 2010
YEREVAN
YEREVAN, June 1, /ARKA/. A deputy chief executive officer of Russian
Gazprom, Valery Golubev, traveled Monday to central Armenian town of
Hrazdan to see the pace of the ongoing construction of the Hrazdan
plant's new fifth unit.
Russia's Gazprom monopoly acquired the incomplete facility in 2006
as part of an agreement with Armenian government, pledging to finish
the construction by 2011.
Speaking to journalists, Golubev said the fifth unit of the Hrazdan
thermal power plant is of a huge interests not only to Armenia and
Russia but also to the region. He described it as a unique energy
facility. He said also Gazprom has invested a total of $460 million
in this project.
The assembly-construction work on the fifth unit will be over in
September. Construction is being handled by ArmRosGazprom (ARG),
Armenia's natural gas distribution operator in which Gazprom holds 80%
stake. The remaining portion is owned by Armenian government. The
new facility will use natural gas from neighboring Iran through a
pipeline constructed in late 2008 to produce electricity and export
it back to the Islamic Republic.
From: A. Papazian
ARKA
June 1, 2010
YEREVAN
YEREVAN, June 1, /ARKA/. A deputy chief executive officer of Russian
Gazprom, Valery Golubev, traveled Monday to central Armenian town of
Hrazdan to see the pace of the ongoing construction of the Hrazdan
plant's new fifth unit.
Russia's Gazprom monopoly acquired the incomplete facility in 2006
as part of an agreement with Armenian government, pledging to finish
the construction by 2011.
Speaking to journalists, Golubev said the fifth unit of the Hrazdan
thermal power plant is of a huge interests not only to Armenia and
Russia but also to the region. He described it as a unique energy
facility. He said also Gazprom has invested a total of $460 million
in this project.
The assembly-construction work on the fifth unit will be over in
September. Construction is being handled by ArmRosGazprom (ARG),
Armenia's natural gas distribution operator in which Gazprom holds 80%
stake. The remaining portion is owned by Armenian government. The
new facility will use natural gas from neighboring Iran through a
pipeline constructed in late 2008 to produce electricity and export
it back to the Islamic Republic.
From: A. Papazian