RA PSRC approved the investment program of Gazprom Armenia for 2021–2025

The Public Services Regulatory Commission (PSRC) of the Republic of Armenia approved the investment program of CJSC Gazprom Armenia for 2021–2025 at his meeting on December 23. The total volume of the investment program makes 108,787.59 million AMD (excluding VAT) in the following directions:

— expansion, reconstruction and major repair of the Abovyan underground gas storage station;

— expansion, reconstruction and major repair of the gas transmission system;

— investments in the infrastructure engineering systems of gas transmission system;

— gasification (connection of new gas consumers);

— investments in the infrastructure engineering systems of gas distribution system.

PSRC also approved the changes of 2020 to the investment program of CJSC Gazprom Armenia for 2020–2024.