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Russian Gas Price To Rise For Armenia In 2010

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  • Russian Gas Price To Rise For Armenia In 2010

    RUSSIAN GAS PRICE TO RISE FOR ARMENIA IN 2010

    news.am
    Nov 20 2009
    Armenia

    Gas price will make U.S. $180 per 1000m3 in Armenia starting January 1,
    2010. Under the ArmRosGazprom (ARG) CJSC and Gazprom OJSC agreement,
    Armenia had to pay U.S. $200 per 1000m3.

    ArmRosGazprom Company Board Chairman Karen Karapetyan stated a month
    ago that gas rate for Armenia will be reduced. RA Minister of Energy
    and Natural Resources Armen Movsisyan confirmed the information on
    November 19, 2009.

    According to experts, Russia had cut gas price due to fall in oil
    price in world markets. Gazprom will supply gas to European countries
    at U.S. $200-220 against previous U.S. $460, whereas Armenia presently
    pays U.S. $154 per 1000m3.

    Starting April 1, 2010 gas and electricity prices will rise, Chairman
    of RA Public Services Regulatory Commission Robert Nazaryan stated
    recently.

    From: Emil Lazarian | Ararat NewsPress
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