Tweet
ARMROSGAZPROM RENAMED 'GAZPROM ARMENIA' AFTER RUSSIAN TAKEOVER
http://www.armenianow.com/economy/51424/armenia_gazprom_gas_deal_russia
ECONOMY | 17.01.14 | 14:48
Alexey Miller, Chairman of the Gazprom Management Committee and
Armen Movsisyan, Armenia's Minister of Energy and Natural Resources
have signed a Sales and Purchase Agreement for the remaining 20
percent of ArmRosgazprom's shares. The document was signed in the
Gazprom headquarters in Moscow on Thursday "in furtherance of the
intergovernmental Agreement between the Russian Federation and the
Republic of Armenia", a Gazprom press release said.
As a result of the deal, Gazprom's ownership stake in ArmRosgazprom was
increased to 100 percent. The company will be named Gazprom Armenia.
"This deal fully complies with the spirit of strategic cooperation
between Russia and Armenia. Gazprom has been successfully cooperating
with Armenian partners in many areas and for many years. We have
implemented large-scale projects both in main gas transportation and
power generation. But above all, Armenia has achieved a major socially
important result - we reached the gasification level of 96 percent.
Another key area of our cooperation is the NGV (natural-gas-vehicle)
sector. Armenia has even more CNG filling stations than Russia. We
all have something to learn from our Armenian colleagues.
"Gazprom has always been and will remain a reliable partner for
Armenia," said Alexey Miller.
http://www.armenianow.com/economy/51424/armenia_gazprom_gas_deal_russia
ECONOMY | 17.01.14 | 14:48
Alexey Miller, Chairman of the Gazprom Management Committee and
Armen Movsisyan, Armenia's Minister of Energy and Natural Resources
have signed a Sales and Purchase Agreement for the remaining 20
percent of ArmRosgazprom's shares. The document was signed in the
Gazprom headquarters in Moscow on Thursday "in furtherance of the
intergovernmental Agreement between the Russian Federation and the
Republic of Armenia", a Gazprom press release said.
As a result of the deal, Gazprom's ownership stake in ArmRosgazprom was
increased to 100 percent. The company will be named Gazprom Armenia.
"This deal fully complies with the spirit of strategic cooperation
between Russia and Armenia. Gazprom has been successfully cooperating
with Armenian partners in many areas and for many years. We have
implemented large-scale projects both in main gas transportation and
power generation. But above all, Armenia has achieved a major socially
important result - we reached the gasification level of 96 percent.
Another key area of our cooperation is the NGV (natural-gas-vehicle)
sector. Armenia has even more CNG filling stations than Russia. We
all have something to learn from our Armenian colleagues.
"Gazprom has always been and will remain a reliable partner for
Armenia," said Alexey Miller.