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Iran To Provide $2 Million To Armenia As Grant For Installing Gas Fa

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  • Iran To Provide $2 Million To Armenia As Grant For Installing Gas Fa

    IRAN TO PROVIDE $2 MILLION TO ARMENIA AS GRANT FOR INSTALLING GAS FACILITIES IN BORDER AREAS

    /ARKA/
    August 11, 2011
    YEREVAN

    Armenian government approved Thursday the signing of a memorandum
    with Iran.

    "Under the memorandum, Iran will provide $2 million to Armenia as grant
    for installation of gas-supplying facilities on areas near Armenia's
    border with Iran," Armenian Energy and Natural Resources Minister
    Armen Movsisyan said Thursday at the government's regular meeting.

    According to official reports, Armenia had 618139 gas consumers in
    early August 2011.

    ArmRosgasprom is the sole importer and distributer of Russian natural
    gas in Armenia.

    The company was established in 1997. Its shareholders are Gazprom
    and Armenian government.




    From: A. Papazian
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