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New Europe
Aug 10 2012
Russia and Armenia reach gas price deal, talk Customs Union
Article | August 11, 2012 - 3:11am
Following his meeting with Russian counterpart Vladimir Putin,
Armenian President Serzh Sargsyan said on 8 August that Moscow and
Yerevan have agreed on prices for natural gas supplies to Armenia. "I
think we have come to an agreement about pricing for gas supplies. The
price should be based on actual market price of gas taking into
account regional tariffs for the Armenian economy to maintain its
efficient position," Sargsyan said.
Armenian media reported in early July that Russian gas monopoly
Gazprom would raise prices for gas supplies to Yerevan from the
current $180 per 1,000 cubic metres to $280 from October 2012 and to
$320 from 2013. Armenian Energy and Natural Resources Minister Armen
Movsisyan subsequently denied there would be gas price increases.
Gazprom exports its natural gas to Armenia through Georgia through its
subsidiary ArmRosgazprom.
Putin and Sarkisian also reportedly discussed Armenia's possible
involvement in a customs pact, known as the Eurasia Union. Armenia has
been reluctant to join the union because it does not share a common
border with Russia. Putin said that while `we have no common borders
[with Armenia] but we could think about using some instruments that
have already been agreed upon by the three states'.
http://www.neurope.eu/article/russia-and-armenia-reach-gas-price-deal-talk-customs-union
Aug 10 2012
Russia and Armenia reach gas price deal, talk Customs Union
Article | August 11, 2012 - 3:11am
Following his meeting with Russian counterpart Vladimir Putin,
Armenian President Serzh Sargsyan said on 8 August that Moscow and
Yerevan have agreed on prices for natural gas supplies to Armenia. "I
think we have come to an agreement about pricing for gas supplies. The
price should be based on actual market price of gas taking into
account regional tariffs for the Armenian economy to maintain its
efficient position," Sargsyan said.
Armenian media reported in early July that Russian gas monopoly
Gazprom would raise prices for gas supplies to Yerevan from the
current $180 per 1,000 cubic metres to $280 from October 2012 and to
$320 from 2013. Armenian Energy and Natural Resources Minister Armen
Movsisyan subsequently denied there would be gas price increases.
Gazprom exports its natural gas to Armenia through Georgia through its
subsidiary ArmRosgazprom.
Putin and Sarkisian also reportedly discussed Armenia's possible
involvement in a customs pact, known as the Eurasia Union. Armenia has
been reluctant to join the union because it does not share a common
border with Russia. Putin said that while `we have no common borders
[with Armenia] but we could think about using some instruments that
have already been agreed upon by the three states'.
http://www.neurope.eu/article/russia-and-armenia-reach-gas-price-deal-talk-customs-union