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Gazprom Armenia Expects 9000 New Subscribers To Get Connected To Its

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  • Gazprom Armenia Expects 9000 New Subscribers To Get Connected To Its

    GAZPROM ARMENIA EXPECTS 9000 NEW SUBSCRIBERS TO GET CONNECTED TO ITS NETWORK IN 2015

    YEREVAN, April 1, /ARKA/. Armenia's Russian-owned national gas
    distribution company Gazprom Armenia expects 9,000 new households
    and enterprises to get connected to its network this year.

    Today the Public Services Regulatory Commission (PSRC) has approved
    the company's investment program for this year in the amount of 11
    billion drams.

    A senior official of the company, Ashot Hakobyan, said today at a
    meeting of the Public Services Regulatory Commission that out of
    6.67 billion drams envisioned for upgrading the gas distribution
    system, 391.4 million are earmarked for connecting new households
    and enterprises to the network.

    "The money will be spent on connecting new potential subscribers,
    installation of necessary equipment, including gas meters and gas
    leak detectors,' said Hakobyan.

    He said all this will greatly enhance the security of the system and
    upgrade the accounting system. According to official data, the company
    had 649,000 private and corporate subscribers at the end of 2013.

    Their number was expected to grow further to 658,000 by the end
    of 2014.

    In December 2013, Gazprom signed a contract with Gazprom Armenia on
    natural gas supplies in 2014-2018. According to it, Gazprom will
    deliver up to 2.5 billion cubic meters of gas every year. The gas
    price will be determined by a formula linked to the Russian gas
    pricing scheme. -0- ($1 - 471.13 drams -0-

    http://arka.am/en/news/technology/gazprom_armenia_expects_9000_new_subscribers_to_ge t_connected_to_its_network_in_2015/#sthash.iv0iuGQH.dpuf


    From: Baghdasarian
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