Armenian Prime Minister Karen Karapetyan and Gazprom CEO Alexey Miller addressed bilateral cooperation, placing a focus on Russian gas supplies to Armenia during their meeting in Yerevan on October 24, the Russian gas monopoly said.
At their meeting, which was held on the margins of the visit by Russian Prime Minister Dmitry Medvedev to Armenia, Miller and Karapetyan discussed the terms and conditions of gas deliveries for 2018. Discussion also centered on the plans for further cooperation as part of the General Scheme of Gas Supply to and Gasification of Armenia.
According to Gazprom, over the first 9 months of 2017, Armenia had been supplied with 1.35 billion cubic metres of gas, 20.6% more than in the same period of 2016.
Gazprom Armenia, a wholly owned subsidiary of Gazprom, is focused on natural gas supplies to the Armenian market. In addition, the company transports, stores, distributes and sells natural gas, as well as upgrades and expands the gas transmission system and underground gas storage facilities in Armenia.
In 2013, Gazprom and Gazprom Armenia signed the contract for up to 2.5 billion cubic metres of Russian gas to be supplied annually to Armenia in 2014–2018. On April 7, 2016, an addendum to the contract was signed. Gazprom Export delivers gas to the Armenian border.