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GASIFICATION LEVEL IN ARMENIA UP TO 96% THIS YEAR - GAZPROM CEO
Interfax, Russia
Feb 27 2014
YEREVAN. Feb 27
The level of gasification in Armenia has increased from 21% in 2002
to 96% this year, OJSC Gazprom (MOEX: GAZP) CEO Alexei Miller said
Wednesday at a meeting devoted to the integration of CJSC Gazprom
Armenia into the Gazprom group.
"In past years there was [accomplished] a colossal surge in
gasification in Armenia. From 21% in 2002 we [reached] 96% in 2014. I
can say that quite a lot of regions in Russia can envy such a level
of gasification," Miller said, a statement issued by Gazprom Armenia
(formerly CJSC ArmRosgazprom) quotes him as saying.
It is understood that the gas-supply and gasification programs are
a basis for stable socioeconomic development in the country, Miller
said. In recent decades, Armenia and Gazprom have been involved in a
series of joint projects, such as the fifth power unit at the Hrazdan
TES (thermal power plant) and the Iran-Armenia gas pipeline, he said.
As for future plans, Miller said, Gazprom plans to substantially
increase Gazprom Armenia's operating efficiency, and the goals and
tasks for the company will be "ambitious."
The management board chief and general director at Gazprom Armenia,
Vardan Arutyunian, who presented the meeting's attendees with the
results of and prospects for the company's financial and business
activities, said that investment projects of about $900 million played
a large role in the achievement of positive outcomes.
Armenia does not produce any of its own natural gas, and relies almost
exclusively on imports. Gazprom Export LLC delivers gas to the border
with Armenia, where Gazprom Armenia buys it. The Gazprom group supplied
the country with 1.96 billion cubic meters of gas in 2013.
Cf ak
Interfax, Russia
Feb 27 2014
YEREVAN. Feb 27
The level of gasification in Armenia has increased from 21% in 2002
to 96% this year, OJSC Gazprom (MOEX: GAZP) CEO Alexei Miller said
Wednesday at a meeting devoted to the integration of CJSC Gazprom
Armenia into the Gazprom group.
"In past years there was [accomplished] a colossal surge in
gasification in Armenia. From 21% in 2002 we [reached] 96% in 2014. I
can say that quite a lot of regions in Russia can envy such a level
of gasification," Miller said, a statement issued by Gazprom Armenia
(formerly CJSC ArmRosgazprom) quotes him as saying.
It is understood that the gas-supply and gasification programs are
a basis for stable socioeconomic development in the country, Miller
said. In recent decades, Armenia and Gazprom have been involved in a
series of joint projects, such as the fifth power unit at the Hrazdan
TES (thermal power plant) and the Iran-Armenia gas pipeline, he said.
As for future plans, Miller said, Gazprom plans to substantially
increase Gazprom Armenia's operating efficiency, and the goals and
tasks for the company will be "ambitious."
The management board chief and general director at Gazprom Armenia,
Vardan Arutyunian, who presented the meeting's attendees with the
results of and prospects for the company's financial and business
activities, said that investment projects of about $900 million played
a large role in the achievement of positive outcomes.
Armenia does not produce any of its own natural gas, and relies almost
exclusively on imports. Gazprom Export LLC delivers gas to the border
with Armenia, where Gazprom Armenia buys it. The Gazprom group supplied
the country with 1.96 billion cubic meters of gas in 2013.
Cf ak