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Congress: Gas Price Should Not Be Raised

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  • Congress: Gas Price Should Not Be Raised

    CONGRESS: GAS PRICE SHOULD NOT BE RAISED

    http://www.lragir.am/engsrc/country-lrahos 17004.html
    11:06:12 - 02/03/2010

    The Armenian National Congress issued another statement in connection
    with the gas price enhancement. The HAK statement runs that the gas
    price increase has always been ungrounded, which was aimed at robbing
    people. According to HAK the author of the gas price increase is not
    HayRusGazArd Company but the RA government which is one of the major
    shareholders of the company. HAK affirms that the gas price increase
    does not have any economic or logic grounds.

    Raising the price by Russia only by 10 drams per cubic meter could
    be easily offset by the excess profits that the company receives for
    many years.

    HAK believes that it is necessary to verify the cost justification of
    HayRusGazArd, in particular, the value of bonuses paid to managers,
    hospitality, real loss, procurement and financial management.
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