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Some 66 billion drams invested into Armenia’s natural gas infrastructure over several years: PSRC chairman

04.04.2011, 23:26
Robert Nazarian, head of Armenia’s Public Services Regulatory Commission (PSRC), said today some 66 billion Drams have been invested into Armenia’s natural gas infrastructure over the last several years
YEREVAN, April 4. / ARKA /. Robert Nazarian, head of Armenia’s Public Services Regulatory Commission (PSRC), said today some 66 billion Drams have been invested into Armenia’s natural gas infrastructure over the last several years

Speaking at a parliament Q&A session convened to discuss a proposal to set up an ad hoc commission to make an inquiry into gas deliveries, he said in 1999 there were 70,000 households and industries connected to the network. This figure has risen now to over 600,000. He also said the total length of the network  has been extended from 5,850 km in 2003 to 10,630 km in 2010.

According to him, the gas transportation system operates presently 75 gas distribution stations, 21 measurement points, 170 stations of electrical-chemical  protection and the Abovyan underground gas storage facility that is able to keep 140 million cubic meters of gas. Last year  ArmRosGazprom (ARG) operator invested 643 million Drams to expand its capacity.

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 more than 80 percent in it, the rest is owned by Armenian government. Armenia is among three top counties in terms of the number of households connected to natural gas system. ($1 – 369.93 Drams). -0-