ARMRUSGAZPROM INVESTS 83 MILLION DOLLARS IN SYSTEM IN PAST<br /> 5 YEARS<br />


ARMRUSGAZPROM INVESTS 83 MILLION DOLLARS IN SYSTEM IN PAST
5 YEARS

  • 31-10-2006 17:37:00   | Armenia  |  Economy
YEREVAN, OCTOBER 31, NOYAN TAPAN. In the past 5 years, ArmRusgazprom company has invested 83 million USD in the system. The overall revenues of the company made 236 mln USD, its profit - 3 mln 750 thousand USD. Karen Karapetian, Chairman of ArmRusgazprom Board, General Executive Director of the company, said this at the October 31 press conference. Natural gas imports into Armenia increased by 61% in 2006 on 2001, while the use of gas grew by 65%. The number of commercial users increased by 526% compared with 2001, while the number of subscribers increased by 336% and made 450 thousand. According to K. Karapetian, gas supply networks have been installed in 97 communities and city districts of various marzes. In early 2007, the number of potential subscribers will make 630 thousand, while the number of actual subscribers will exceed 450 thousand. K. Karapetian said that in the indicated period the consumption volume of gas filling stations has grown by 636%. According to him, the current capacity of the Abovian underground gas depot makes 110 million cubic meters, and it is envisaged to increase this capacity to 150 mln cubic meters in 2009.
  -   Economy