Thursday, November 8 2018 16:56

Hrant Tadevosyan: Up to 2030, $ 480 million to be invested in  modernization of Armenian gas transmission system

Hrant Tadevosyan: Up to 2030, $ 480 million to be invested in  modernization of Armenian gas transmission system

ArmInfo. Up to 2030, $ 480  million will be invested in the modernization of the gas transmission  system of Armenia. On November 8, during a regular meeting of the  parliamentary commission to investigate the reasonableness of gas and  electricity tariffs, said ''Gazprom Armenia's'' General Director  Hrant Tadevosyan.

According to him, as part of the investment program, the entire gas  transmission system is being modernized. In particular, it is planned  to build about 40 km of new gas pipelines, to redecorate 700 km of  gas pipelines and 650 km of gas pipelines. In addition, he continued,  it is planned to restore 7 wells in the underground gas storage in  Abovyan, as well as the construction of a new well. Thus, as noted by  Tadevosyan, in case of accidents, uninterrupted supply of natural gas  to consumers for up to 30 days will be ensured.

As noted by Hrant Tadevosyan, counting the expenses and profits of  the company, many forget about such an important issue as the repair  and replacement of gas pipelines. The current tariff does not include  all the costs of repair work on gas pipelines that need to be changed  every 30 years. Meanwhile, in the gas transmission system of Armenia  there are pipes with a service life of 40-45 years. As a result, it  is necessary to pump gas into the pipes under pressure almost twice  as low as the standard, since they simply will not withstand the  standard. In addition, these pipelines require increased operating  costs. They are not included in the gas tariff, and the company  covers them at the expense of its profits.  Tadevosyan also said that  the net profit of ''Gazprom Armenia'' was set at 8% of the final gas  tariffs, but in reality it turns out to be lower. Due to the strong  deterioration of pipes, gas losses in the network also increase. The  tariff includes losses of 4.64% in the main pipes (transport network)  and 2.05% in small- diameter pipes (distribution network). Usually  losses are higher in the distribution network. But here the situation  completely changes the decay of the backbone network. The situation  with the distribution network is better, because over the past 10-15  years, funds have been invested here to connect new subscribers.  ''Gazprom Armenia'' CJSC is a 100% subsidiary of PJSC ''Gazprom'',  providing for the supply and sale of natural gas in the domestic  market of Armenia. As part of the gas transmission system (GTS),  1,682.2 km of main gas pipelines and branch pipelines are serviced.  As part of the gas distribution system, today there are 15,116 km of  high, medium and low-pressure gas pipelines and auxiliary facilities.   ''Gazprom Armenia'' is one of the leading companies in Armenia,  occupies a leading and stable position in the backbone sector of the  Armenian economy. 

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