H. Tadevosyan: «Implementation of investment objectives will allow us to move along the road of development»

An expanded meeting was held at CJSC Gazprom Armenia led by the Chairman of the Management Committee — General Director Hrant Tadevosyan. The meeting was attended by directors of gasification and gas supply branches, enterprises «Hrazdan-5» and «Educational and sports complex», subsidiaries, heads of structural subdivisions.

Expanded meeting chaired by the Chairman of the Management Committee- General Director Hrant Tadevosyan

Expanded meeting chaired by the Chairman of the Management Committee- General Director Hrant Tadevosyan


During the meeting, the results of the production, economic and financial activities of CJSC Gazprom Armenia in the first half of 2020 were summarized and evaluated.

Speaking about the main activities of the Company, the Chairman of the Management Committee — General Director of CJSC Gazprom Armenia stated that the PSRC decision on natural gas tariffs will come into force on July 19. According to Hrant Tadevosyan, the Company has a large-scale investment program for the coming years, the volume of which makes about 230 billion AMD. The works stipulated by the investment program will be carried out within the framework of the Gas supply and gasification general scheme of the Republic of Armenia. “The implementation of investment objectives will allow us to move along the road of development and at the same time whenever possible, bring the system into line with international indicators,” said Hrant Tadevosyan

Emphasizing the importance of the work performed on the 15 km border section of the Krasny Most-Sevkar-Berd section of the North Caucasus — Transcaucasus gas pipeline, the Chairman of the Management Committee-General Director stated that since commissioning in 1992, for about 28 years it was not possible to carry out necessary diagnostics, operation and maintenance of this section of the main gas transmission pipeline. As a result of the performed work, along with increasing the reliability of gas supply, the task of reducing losses in the gas transportation system is also solved to a certain extent.


Presenting the results of the Company's production activity the Deputy General Director-Chief Engineer of CJSC Gazprom Armenia Ashot Hakobyan stated that within the frame of major repairs plan for the gas transportation and gas distribution system, in the first half of the year the following work was performed in the amount of about 487.2 million AMD, including major repairs of main gas transmission pipelines with replacement of insulation, a complete diagnostics of underground reservoirs of the Abovyan UGSF, major repairs of gas distribution system pipelines, inspection of underground gas pipelines of the gas distribution system and elimination of identified defects and other actions.

According to Ashot Hakobyan, the volume of work performed within the framework of the investment program amounted to 477.2 million AMD, including 433.8 million AMD in the gas distribution system, 43.4 million AMD in the gas transmission system and 5.9 million AMD in the Educational and Sport Complex of CJSC Gazprom Armenia.

In terms of the sales and distribution of natural gas it was stated that about 1,079.1 million cub. m natural gas was sold in the first half of the year, which is more by 76.9 million cub. m than in the same period of last year.

Indicators of assignment fulfillment on collection of payments for consumption of gas by consumers (population) are positive.

Hrant Tadevosyan expressed satisfaction with the organization of work and emphasized that in terms of collection of payments, a really high indicator was registered, taking into account the problems caused by pandemia.

Deputy General Directors of CJSC Gazprom Armenia for Finance, Capital Construction and Commerce also presented summarizing reports on the performed work.

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