Not ruling factions at Armenian parliament demand setting ad hoc commission for discussing sale of ArmRosgazprom’s shares

 Not ruling factions at Armenian parliament demand setting ad hoc commission for discussing sale of ArmRosgazprom’s shares

YEREVAN, February 3. /ARKA/. Armenian National Assembly’s factions which are not members of the ruling coalition has demanded establishment of an ad hoc commission for discussing purchase of ArmRosgazprom’s shares to Russia’s Gazprom,  Aram Manukyan, secretary of Armenian National Congress,  told journalists on Monday. 

He said he intended to present the four non-coalition parliamentary factions – Prosperous Armenia, Armenian Revolutionary Federation/ Dashnaktsutiun, Armenian National Congress and Heritage’s stance on the matter at today’s session of the National Assembly.   

On January 16, 2014, Armen Movsisyan, Armenian energy and natural resources minister signed an agreement with Alexey Miller, chairman of Gazprom’s board, to sell 20% of ArmRosgazprom’s shares to Gazprom.

The shares will be sold for $156 million as repayment of a $300-million debt accumulated over a period between 2011 and 2013 as a result of the arrangement with Russia to pay a former price for natural gas, $180 per 1,000 cubic meters, instead of the increased price. 

The sale means that one half of the debt is paid by Armenia, while the other half is written off by the Russian side. -0----- 

18:06 03.02.2014

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