Under an Armenian government decision passed today a natural gas distribution network worth 1.27 billion drams ($2.6 million) will be handed to Armenia’s Russian-owned national gas distribution company Gazprom Armenia for free, Armenian ARKA reported on December 14, 2017.
The gas distribution network was built in the southern Armenian towns of Meghri and Agarak on the border with Iran on a $2 million grant provided by Iran.
In August 2013, the obligations of the customer were assigned to Gazprom Armenia.
«Given the importance of connecting these communities to the natural gas network the government considers it necessary to hand the property of the gas distribution network to the free use by Gazprom Armenia for an indefinite period,» the decision says.
Gazprom Armenia (formerly ArmRosgazprom), established in December 1997, is engaged in the delivery and distribution of Russian natural gas to consumers in Armenia. It is a 100% subsidiary of Russian Gazprom.
