Yerevan /Mediamax/. Armenian government made a decision at its circuit session in Vanadzor town today on providing from the state budget means to “ArmRosGazprom” CJSC a loan at the volume of $40mln.

As Mediamax was informed in the press service of the Armenian government, the loan will be provided to the company in the fourth quarter of 2009 for 6 months at the annual interest rate of 11%.

Prime Minister Tigran Sargsian noted that “ArmRosGazprom” successfully carries out its investment program and this loan will accelerate that process. “This decision is of crisis preventive nature, the loan is a short-term one, and there are reliable guarantees for fulfillment of loan liabilities”, Tigran Sargsian stated.