ArmInfo. The Public Services Regulatory Commission of the Republic of Armenia approved the investment program of Gazprom Armenia for 2025-2029. This is stated in the report of the regulator.
According to the source, the total volume of the investment program of the CJSC will be 143 billion, 045 million drams. This amount does not include VAT payments.
The regulator notes that as a result of the studies, the investment program was reduced by 981.84 million drams.
The main areas of investment will be the expansion of the Abovyan underground gas storage facility, the restoration and reconstruction of the gas transmission system, the connection of new subscribers, as well as other investments in the gas distribution system.
Gazprom Armenia CJSC is a 100% subsidiary of Gazprom PJSC. The company acts as the operator of the gas supply and distribution network in Armenia.
