Announcement

Collapse
No announcement yet.

Armenia to buy gas from Gazprom on better terms than other CIS

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia to buy gas from Gazprom on better terms than other CIS

    Interfax News Agency, Russia
    April 25 2008


    ARMENIA TO BUY GAS FROM GAZPROM ON BETTER TERMS THAN OTHER CIS ...



    Armenian Prime Minister Tigran Sargsyan has said he is sure that the
    price for natural gas imported by Armenia will be better than that at
    which other countries buy it from Gazprom.

    Speaking with journalists on Friday, Sargsyan said Gazprom CEO Alexei
    Miller is expected to visit Armenia in May to discuss the price at
    which Gazprom should sell gas to Armenia within the next three years
    and sign a relevant agreement.

    Asked whether the prices for goods and services in Armenia would
    increase, Sargsyan admitted that higher prices for gas always
    negatively influence the Armenian economy. "We should make sure that
    the increase in prices do not have a negative effect on our economy's
    competitiveness. The rate at which the prices will grow will not be
    higher than the identical figures in the countries neighboring
    Armenia," he said.

    The Gazprom Board of Directors endorsed an increase in prices for gas
    sold to the CIS and Baltic countries at a session on April 23. In
    particular, Armenia will buy gas at $165 per 1,000 cubic meters
    starting from 2009, compared to the current $110. This price will
    remain the same for the next three years. For the other CIS countries,
    Gazprom plans to gradually increase the price to the average European
    level.
Working...
X