ArmRosgazprom to Exercise Iran-Armenia Gas Pipeline Exploitation

PanARMENIAN.Net - The concluding construction works at the Iran-Armenia gas pipeline will be finished by the end of the current year. After the essential tests the Iranian gas will be pumped to Armenia, RA Energy Minister Armen Movsisyan told a news conference in Yerevan. In his words, the exploitation of the gas pipeline will be exercised by ArmRosrazprom while the gas pipeline will be the property of High-Voltage Electric Networks state company. "Exploitation of a pipeline by an experienced company is economically beneficial. ArmRosrazprom is a company of the kind in Armenia. It's not ruled out that in future the 40-km gas pipeline will be put on balance of ArmRosrazprom as an addition to the share of the Armenian government in the authorized capital stock of the company. With availability of beneficial terms bargain is quite possible," the Minister added, reports IA Regnum.