Gazprom Armenia

Gazprom Armenia (Armenian: Գազպրոմ Արմենիա; Russian: Газпром Армения), formerly known as ArmRosGazprom (Armenian: ՀայՌուսգազարդ; Russian: Армросгазпром), is a subsidiary of the Russian Gazprom company in Armenia. It was founded in 1997 as a joint Russian-Armenian natural gas pipeline project. When it was founded, the Russian state gas monopolist Gazprom owned 45% of stock, the Energy Ministry of Armenia 45% and the ITERA company 10%. In 2014, Gazprom became the sole owner of the company and renamed it Gazprom Armenia. The Director General of the company is Vardan Harutyunyan. The company operates the gas supply for Armenia's domestic gas market and also produces power generation.