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Gasprom Decided To Raise Gas Prices For Armenia By 50%

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  • Gasprom Decided To Raise Gas Prices For Armenia By 50%

    GASPROM DECIDED TO RAISE GAS PRICES FOR ARMENIA BY 50%

    arminfo
    2008-04-24 12:50:00

    ArmInfo. Yesterday, the Board of Directors of Gazprom upheld the
    decision on rise in prices for the natural gas for the CIS and
    Baltic countries to the average European, the Kommersant writes. For
    Russia-friendly Armenia, the new gas price started 2009 will make up
    $165 per 1 thsd cub m against the present $110. This price will not
    be raised within the next three years. For the rest CIS countries,
    Gazprom schedules gradual rise in prices to the average European
    level, which is determined as a price on Poland-Germany border minus
    the transport expenses (in Byelorussia and Ukraine minus the customs
    duty as well). Today's high gas prices for the Baltic countries, which
    purchase about 5,5 bln cub m of gas a year, are compensated by reduced
    prices for CIS countries. Only Georgia receives gas at a relative high
    price - at $270 per 1 thsd cub m. To note, RA Prime Minister Tigran
    Sarkisyan has recently told journalists that Chairman of the managing
    Board of Gazprom OJSC Aleksey Miller will arrive in Yerevan in May,
    2008, to negotiate with the Armenian government regarding the new
    gas prices for the next three years.

    From: Emil Lazarian | Ararat NewsPress
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