Alexey Miller & Serzh Sargsyan Express Appreciation for Robust Use of Natural Gas in Armenia

Source: www.gulfoilandgas.com 6/16/2017, Location: Asia

Yerevan hosted today working meetings of Alexey Miller, Chairman of the Gazprom Management Committee, with Armenian President Serzh Sargsyan and Armenian Prime Minister Karen Karapetyan.

The meetings addressed the development of Armenia’s gas industry. Specifically, the meeting participants noted a high level of gas penetration in the country, amounting to 96 per cent. They also expressed their appreciation for a robust use of natural gas in different economic sectors, including transportation. At present, around 80 per cent of vehicles in the country run on natural gas. Russian gas exports to Armenia stand at some 1.9 billion cubic meters per year. Armenia’s gas consumption is growing this year, with gas supplies from Russia already exceeding 1 billion cubic meters over the first five and a half months of 2017 (+35 per cent compared to 2016).

The meeting also touched upon the issues regarding Armenia’s gas supply network development and gas grid expansion, focusing, inter alia, on the General Scheme prepared by Gazprom. The parties discussed the prospects for the construction of a new compressor station at the Abovyanskoye underground gas storage facility and gas trunklines inside the country, as well as for the overhaul of Armenia’s existing gas transmission and distribution infrastructure.


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