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News // Oil and gas worldwide

Gas Supplies To Armenia Restored

13 January 2009 , 12:18Ksenia Kochneva607
A spokesman for the ArmRosgazprom joint venture said Tuesday that repair work to the pipeline had been completed, and gas supplies to Armenia resumed at about 03:00 p.m. GMT on Monday.

The resumption of gas supplies to Armenia was confirmed by the Georgian oil and gas corporation.

"Supplies were suspended due to technical problems caused by a serious gas leak from a corrosive pipe. Workers kept their promise to repair the damaged section within five days," the spokesman said.

Armenia currently consumes 8.5 million-9 million cubic meters of gas daily.

The Armenian-Russian joint gas venture, ArmRosgazprom, has a monopoly on Russian gas supplies and distribution in Armenia.

Russian energy giant Gazprom controls 75.55% in the joint venture, the Armenian government holds a 20% stake, and Russia's Itera company another 4.44%.

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