CHARACTERISTICS OF THE DEVELOPMENT OF THE GAS SUPPLY SYSTEM IN THE REPUBLIC OF ARMENIA

Abstract

Gas distribution and transportation networks make up the gas supply system. Providing natural gas to the public and the economy is the primary objective of the gas delivery system. Every nation's gas supply network is strategically vital since the cost of natural gas directly impacts the goods and services that are produced and rendered there.

It is true that developed nations are looking for innovative technology for natural gas extraction because it is a non-renewable resource. Founded during the Soviet era and throughout multiple phases of development, the Republic of Armenia's gas supply system is a component of the worldwide network. The Public Services Regulatory Commission and the Armenian government, through the Ministry of Territorial Administration and Infrastructure, oversee the country's gas supply industry.

The article discusses the Republic of Armenia's domestic natural gas market's supply and sales, its background and present state, investment initiatives, and features that increase the system's operational efficiency.