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Tuesday, 25 October 2016


Gazprom dissatisfied with the results of investing in Armenia

2011-03-09 15:52

Gazprom is dissatisfied with the results of investments made in Armenia. According to Business Georgia which is citing Armenian media, the point is not only the decreased gas consumption volume. Most of all, Gazprom is dissatisfied with the prospect of the operation of the fifth block of Razdanskaya GRES belonging to the company. According to the experts, Gazprom invested large means in the fifth block, which is going to be commissioned soon. It is so far unclear who will consume the energy produced by the block. 


In case the block operates at full capacity, it will produce the same amount of energy as an atomic power station. However, presently, there is excess energy produced and there is no possibility to export these volumes. This being the case, it is unreasonable to operate the fifth block at all, the experts assert; or, it should not operate at full capacity.

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