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Price For Gas In Armenia Will Grow, Deputy Head Of Gasprom Says

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  • Price For Gas In Armenia Will Grow, Deputy Head Of Gasprom Says

    PRICE FOR GAS IN ARMENIA WILL GROW, DEPUTY HEAD OF GASPROM SAYS


    MOSCOW, MARCH 17. ARMINFO. It will be difficult for Russia to keep up
    the price for gas, which comes to Armenia. Deputy Chairman of the
    Board of Gasprom ojsc Alexander Ryazanov said.

    As Regnum agency reports with reference to Armenian TV channel Yerkir
    Media, Ryazanov stressed it today on the border of Armenia the price
    for gas is $56,000 per 1,000 cubic meter, then 1-1.5 years later it
    will exceed $60. At the same time the deputy head of Gasprom mentioned
    that today the gas comes to Armenia from Turkmenistan, as well as from
    Uzbekistan and Kazakhstan. "All these countries orientate to European
    prices and follow the way of sharp increase in prices."

    In the number of urgent problems Alexander Ryazanov mentioned the
    technical state of the transit capacities, in particular, of the
    Georgian section of the transit gas main passing from Russia to
    Armenia. According to him, the Georgian side has not practically
    invested funds in modernization of the main, as the main is not of
    strategic importance for the country so much as for Armenia.

    Ryazanov said it will possible to modernize the main and provide more
    reliable supply of gas to Armenia. The deputy head of Gasprom said the
    company does not put a task to receive a surplus profit in Armenia, as
    it realizes that at rather a high level of demand for gas the solvency
    of the population is limited.
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