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Pipeline Repair Not To Jeopardize Natural Gas Delivery To Armenia

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  • Pipeline Repair Not To Jeopardize Natural Gas Delivery To Armenia

    PIPELINE REPAIR NOT TO JEOPARDIZE NATURAL GAS DELIVERY TO ARMENIA

    /ARKA/
    October 29, 2010
    YEREVAN

    YEREVAN, October 29, /ARKA/. In response to concerns that delivery of
    Russian natural gas to Armenia via a pipeline running across Georgia
    may be jeopardized after an Azerbaijani company

    Oil & Gas Construction Trust has won a tender announced by Georgian
    government for supply of pipes and other materials for repair of the
    North-South pipeline, Shushan Sardarian, a spokeswoman for Armenia's
    natura gas operator ArmRosGazprom, said all questions that may arise
    during the pipeline's overhaul in Georgia's territory will be settled
    as spelled out by related agreements signed by ArmRosGazprom with
    the supplier.

    In September 2008, Georgia received additional funds from the U.SD.-
    government-run Millennium Challenges Corporation to finance the second
    stage of repairs to the pipeline.

    The Azerbaijani company will have to supply pipes and other materials
    within 120 days.

    ARG is the only company dealing with import and distribution of
    Russian natural gas coming to Armenia from Russia via Georgia. It was
    established in 1997. Russian Gazprom holds the majority stake in it,
    the rest is owned by Armenian government.




    From: A. Papazian
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