July 13, 2009 - 17:06 AMT
ArmRosGazrpom received the first tranche from KfW
ArmRosGazrpom CJSC has received the first tranche from KfW development bank. The long-term loan agreement with German bank was signed for a total sum of € 50 million, the company's press service reports.

Sums allocated within agreement frameworks are intended for funding the project aimed at the reconstruction and development of Armenia's gas transportation and gas distribution systems.