Gazprom planning to increase its stake in ArmRosgazprom to 100 per cent

The Gazprom headquarters hosted today a working meeting between Alexey Miller Chairman of the Company’s Management Committee and Armen Movsisyan, Minister of Energy and Natural Resources of the Republic of Armenia.

The parties addressed the main issues concerning the development of cooperation between Russia and Armenia in the gas sector, including Gazprom’s participation in energy projects in the Republic.

In the course of negotiations the aspects of Russian gas pricing for Armenian consumers were discussed.

The meeting also looked into the possibility of increasing Gazprom’s stake in ArmRosgazprom to 100 per cent.

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