Eyes on Armenia News on Economy Business Culture

    In mid-June, the CEO of Russia’s gas monopolist Gazprom, Alexei Miller, paid a spontaneous visit to Yerevan, where he met with Armenia’s Prime Minister Karen Karapetyan. Official information about the meeting is rather scarce. Besides mutually exchanged compliments, reports mention plans for the exploitation of the fifth unit of the Hrazdan thermal power plant and the underground natural gas storage site in Abovyan (Armradio.am, June 16). The construction of Hrazdan’s fifth unit originally began in 1993. But in 2006, the half-built unit was sold by the Armenian government to Gazprom’s subsidiary ArmRosGazprom.

    Published in Economy
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