Russian gas imports to Armenia grow by 22,3 %

Russian gas imports to Armenia grow by 22,3 %

PanARMENIAN.Net - Russian gas imports to Armenia grew by 22,3% in 2012 to total 1,967.2 million cubic meters, up from 1,609.1 million cubic meters in 2011.

Natural gas consumption in Armenia’s energy and industry sectors increased by 23,7% and 2% percent respectively, to total 231.9 and 254.7 million cubic meters.

In 2012, gas consumption by Armenia’s population dropped by 1,6% to comprise 542 million cubic meters, ArmRosGazprom press service said.

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The Energy Minister thanked “our friendly country, Armenia” and his Armenian counterpart “for providing a huge assistance”.
"There have been no new talks on gas exports to Europe, but there are routes and facilities which we need to use," Majedi said.
"We are particularly pleased by a 15 percent rise in lending to small and medium-sized businesses,” the bank’s financial director said.
It also signed 33 Reimbursable Advisory Service agreements with 11 countries in the region for a total amount of $45 million.
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