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Armenian energy minister says price of Russian gas may rise or stay unchanged

20.03.2013, 20:28
Armenia’s energy and natural resources minister Armen Movsisyan said today he could not say whether Russia would raise the price of natural gas shipped to Armenia across Georgia or not . "As a matter of fact, we rule out nothing- it may rise or remain unchanged," he said to journalists in parliament.
Armenian energy minister says price of Russian gas may rise or stay unchanged
YEREVAN, March 20. / ARKA /. Armenia’s energy and natural resources minister Armen Movsisyan said today he could not say whether Russia would raise the price of natural gas shipped to Armenia across Georgia or not . "As a matter of fact, we rule out nothing- it may rise or remain unchanged," he said to journalists in parliament.

According to him, the negotiations on the price of gas are now in the final phase, and once they are over, the public will be informed of their results.
According to some speculations in Armenian media, natural gas price in Armenia may rise to $280 per 1,000 cubic meters from  April 2013. 

 Currently, Armenia buys gas for $180 per 1,000 cubic meters from Gazprom. The reports claimed that an agreement to that end would be signed after February 18 presidential election in Armenia.

Armen Movsisyan said earlier that Armenia ‘will be paying the best price of gas among other CIS countries.’

Russian gas is imported and distributed by ArmRosGazprom.   It was established in 1997. Russian Gazprom holds 80 percent in it, the rest is owned by Armenian government.-0-