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By Prior Arrangement, Russia Is Ready To Reduce Gas Price For Armeni

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  • By Prior Arrangement, Russia Is Ready To Reduce Gas Price For Armeni

    BY PRIOR ARRANGEMENT, RUSSIA IS READY TO REDUCE GAS PRICE FOR ARMENIA IN 2010

    ArmInfo
    2009-10-20 12:20:00

    ArmInfo. ArmRusgazprom CJSC is negotiating with Gazprom concerning
    reduction of the gas price for Armenia in 2010, Chairman of the
    Board, Director General of ArmRusgazprom CJSC Karen Karapetyan told
    journalists on Tuesday.

    'Currently, we are negotiating with Gazprom. By prior arrangement,
    the gas price for Armenia started April 1, 2010, will make up $180
    per 1000 cub m against the earlier agreed $200. Negotiations are still
    underway, however, we are elaborating our development strategy, taking
    the price of $180 as a basis. This is the best price in the region',
    K. Karapetyan said.

    He recalled that ArmRusgazprom CJSC was established 12 years ago, and
    "Armenia had exclusive prices for gas during that period'. Over that
    time, the country had to prepare for transfer to the market relations
    and liberalization of the gas price, he added. K. Karapetyan denied
    the information in the Russia media saying as if Russia is ready for
    concessions in the gas prices provided that it is given a monopoly
    in construction or management of the new power unit in Armenia.

    'Negotiations regarding the gas price have nothing in common with
    NPP construction', he said.

    To recall, Armenia has been purchasing gas from Russia at $154 per
    1000 cub m started April 1, 2009, against the previous $110. 2,2 cub
    m of gas were supplied to Armenia from Russia in 2008.
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