Meeting of the Board of Directors of CJSC Gazprom Armenia took place

It was held the regular meeting of the Board of Directors of CJSC Gazprom Armenia.

The Board of Directors approved the Budget of Incomes and Expenses, the Investment program, as well as the Major repair plan of CJSC Gazprom Armenia for 2021.

According to the Investment program and the Major repair plan the total volume of capital investments in the current year is planned at the amount of 17,33 billion AMD (excluding VAT).

Issues related to the current financial and economic activities of the Company were also discussed during the meeting.

It was noted that as of June 1, 2021, the collection level of payments for natural gas supplied to consumers makes 100% and there are no overdue current receivables of consumers for the supplied natural gas.

Relevant decisions were made on a number of other issues included in the agenda of the Board of Directors.

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