Yerevan, June 16. /Mediamax/. Public Services Regulatory Commission (PSRC) of Armenia approved today the investment program of ArmRosGazprom Company for 2011.

Head of Technical Department of the Company Ashot Hakobyan informed that PSRC approved the volume of ArmRosGazprom investments at the volume of AMD 8.491bln.

Financial means will be directed at reconstructing Abovyan underground gas storage (AMD 519.6mln), reconstruction of gas transportation system (AMD 2745.1mln), broadening of gas distribution system (AMD 681.3mln), etc.

Ashot Hakobyan said that as a result of investments in 2011 the number of the company’s subscribers will increase by 15 thousands, and the capacities of Abovyan gas storage will be increased by 15%.