ArmInfo.From 2021, Gazprom Armenia will have to conduct an international audit on the implementation of the investment program, as other large companies do. Chairman of the RA Public Services Regulatory Commission Garegin Baghramyan stated this at the meeting of the parliamentary commissions during the discussion of the draft state budget of Armenia in 2021.
He expressed confidence that gas tariffs will not rise next year. This is largely due to the development of a new methodology for calculating the tariff, which will avoid its growth. The method provides for averaging the company's income and expenses for the next 10 years. Thus, an attempt will be made to contain the growth of tariffs. Over the years, the company intends to make investments in the amount of over $ 400 million. Thanks to the investments, the company will increase the efficiency of the gas distribution network. "The sooner she starts to do this, the sooner she starts to receive additional profit," the head of the PSRC emphasized.
Earlier, ArmInfo reported that "Gazprom Armenia" CJSC will invest 60.9 billion drams in the development of the republic's gas economy in the next five years. At the same time, 36.8 billion drams will be invested in the expansion of the underground gas storage in Abovyan, and 12.6 billion drams in the modernization of the gas transmission system. In other areas, investments will amount to 2.3 billion drams, connecting new subscribers - 2.4 billion drams, in other areas of the gas distribution system - 6.4 billion drams. In addition, AMD 262.6 million will be allocated for the purchase of vehicles for the Hrazdan-5 heating unit. Gazprom Armenia CJSC undertakes to submit to the Commission the investment program for 2021-2024 by October 15, 2020.
