Armenian government to go on subsidizing gas price for vulnerable groups - premier

Armenian government to go on subsidizing gas price for vulnerable groups - premier

YEREVAN, January 23. /ARKA/. Armenia’s government will continue subsidizing gas price for socially insecure families, Armenia’s premier Tigran Sargsyan said at a government meeting Thursday.

Since April 1, 2011, about 60,000 socially insecure families consuming less than 300 cubic meters of gas per month, have been taking the advantage of a reduced gas tariff of 100 drams per cubic meter (132 drams per cubic meter for other consumers).

The price for gas will remain unchanged – 100 drams per cubic meters – for socially vulnerable families, the premier said.

Sargsyan said after the gas price rose from previous 132 to 156 drams per cubic meter, the government will be paying now 56 drams out of the total gas cost per cubic meter.

The premier instructed the minister of energy and natural resources and the minister of labor and social affairs to prepare the respective draft government decree to continue subsidizing the gas costs.

On July 7, 2013, Armenia’s public services regulatory commission set new gas tariffs, i.e. 156,000 drams per 1,000 cubic meters for customers consuming up to 10,000 cubic meters (18.2% increase) and $276.98 per 1,000 cubic meters for customers consuming over 10,000 cubic meters (13.9% increase). –0--

15:09 23.01.2014

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