YEREVAN. -  Armenia’s Public Services Regulatory Commission has approved on Thursday the investment program of ArmRosGazprom for 2011-2013.

The program provides for making investments amounting to about $39,5 million during 2011-2013, company’s press service informed Armenian News-NEWS.am.

During the discussions it was noted that the investment program is designed taking into account the current post-crisis situation.

The program is mainly aimed at improving reliability of Armenia’s gas supply and ensuring an adequate level of safety for gas consumers.

In 2011 the company is expected to invest AMD 8,49 billion, of which AMD 3.34 billion (39%) will be allocated to cargo transportation, and the remaining AMD 5.15 billion (61%) – to distribution of gas.