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ArmRosgasprom: currency variations in Armenia will not bring to gas
price increase
YEREVAN, February 26. /ARKA/. `ArmRosgasprom' will not apply to
Regulatory Commission of Public Services (RCPS) in case of dollar rate
change, said Karen Karapetyan, Chairman of the Board and General
Director of the company.
Today RCPS reviewed the application of `ArmRosgasprom' and carried out
decision on the increase of gas prices - current 96 drams will
increase up to 132 drams for 1 thousand cubic meters. People who use
more than 10 thousand cubic meters will pay $243.13 for 1 thousand
cubic meters instead of former $215.
`ArmRosgasprom' applied for gas price increase as the price of
imported gas to Armenia will be $180 versus current $154 for 1
thousand cubic meters since April 1, 2010.
The company itself is not intended to change gas prices and make the
consumers lives unhappy. `We only react to market changes and it's not
our fault', said Karapetyan.
`Even if dollar rate will increase instead of current 386 drams up to
420 drams or decrease up to 320 for 1 dollar, we will not change the
price. We want to create business environment for our upcoming
strategy', he said.
Some experts expect that in 2010 there will be devaluation in Armenia
but not as abrupt as in March 2009 when decrease of Armenian dram by
66.36 points to US dollar was 372.11 drams for 1 dollar.
`ArmRosgasprom' gives choice opportunity to the consumers - whether
use gas or other energy resources. `We don't say that our services are
cheap but they will be cheaper than other services', he said.
World financial-economic crisis influenced on the reduction of gas
consumption in Armenia. `We expected market increase by 12% but due to
crisis it was reduced by 20 %', he said.
CJSC `ArmRosgasprom' is a monopolist in the internal market of
Armenia. Gas enters Armenia by transit through Georgia. The company
was established in 1997. The share of Open JSC `Gasprom' is 80% in the
charter capital of the company, the share of the Government of Armenia
is 20%. ($1 - 384.37 drams). --0 -
price increase
YEREVAN, February 26. /ARKA/. `ArmRosgasprom' will not apply to
Regulatory Commission of Public Services (RCPS) in case of dollar rate
change, said Karen Karapetyan, Chairman of the Board and General
Director of the company.
Today RCPS reviewed the application of `ArmRosgasprom' and carried out
decision on the increase of gas prices - current 96 drams will
increase up to 132 drams for 1 thousand cubic meters. People who use
more than 10 thousand cubic meters will pay $243.13 for 1 thousand
cubic meters instead of former $215.
`ArmRosgasprom' applied for gas price increase as the price of
imported gas to Armenia will be $180 versus current $154 for 1
thousand cubic meters since April 1, 2010.
The company itself is not intended to change gas prices and make the
consumers lives unhappy. `We only react to market changes and it's not
our fault', said Karapetyan.
`Even if dollar rate will increase instead of current 386 drams up to
420 drams or decrease up to 320 for 1 dollar, we will not change the
price. We want to create business environment for our upcoming
strategy', he said.
Some experts expect that in 2010 there will be devaluation in Armenia
but not as abrupt as in March 2009 when decrease of Armenian dram by
66.36 points to US dollar was 372.11 drams for 1 dollar.
`ArmRosgasprom' gives choice opportunity to the consumers - whether
use gas or other energy resources. `We don't say that our services are
cheap but they will be cheaper than other services', he said.
World financial-economic crisis influenced on the reduction of gas
consumption in Armenia. `We expected market increase by 12% but due to
crisis it was reduced by 20 %', he said.
CJSC `ArmRosgasprom' is a monopolist in the internal market of
Armenia. Gas enters Armenia by transit through Georgia. The company
was established in 1997. The share of Open JSC `Gasprom' is 80% in the
charter capital of the company, the share of the Government of Armenia
is 20%. ($1 - 384.37 drams). --0 -