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EXPERT: SALE OF 20% OF ARMENIAN GOVERNMENT'S SHARES TO GAZPROM IS IRRELEVANT
arminfo
Tuesday, August 28, 19:22
The sale of 20% the Armenian Government's shares in ArmRusgasprom CJSC,
the operator of the Armenian gas distribution network of Armenia,
to Gazprom is irrelev nt, Gagik Minasyan, Chairman of the Armenian
Standing Parliamentary Commission on Financial, Credit and Budget
Issues, MP from the Republican Party of Armenia Faction, said at
today's press conference when asked about the expediency of sale of
the 20% of the Armenian Government's shares in exchange for non-growth
of prices of the Russian gas imported to Armenia.
He recalled the statement made during the recent meeting of the
Armenian and Russian Presidents Serzh Sargsyan and Vladimir Putin
in Moscow that the price of the Russian gas should meet the logic
of the sides' economic interests on the one hand, and to comply with
the gas prices in the region on the other hand.
To recall, the gas prices in Armenia have not been changed for over 2
years. Earlier the Armenian Ministry of Energy and Natural Resources
reported that Yerevan and Moscow were negotiating on the tariffs of
gas imported from Russia to Armenia. The Armenian mass media reported
that Gazprom was going to raise the gas price for Armenia from the
current 180 USD per 1 thsd cu m to $280 starting 1 October 2012,
and to $320 starting from January 2013. Last time the Russian gas
prices in Armenia grew on 1 April 2010 from 96 AMD to 132 AMD per
1 cu m for the population, and from $215 to $243.13 per 1 thsd cu m
for the large consumers using over 10 thsd cu m monthly.
To note, Gazprom OJSC owns 80% of shares of the Armenian gas monopolist
ArmRusgasprom, and 20% of shares belong to the Government of Armenia.
arminfo
Tuesday, August 28, 19:22
The sale of 20% the Armenian Government's shares in ArmRusgasprom CJSC,
the operator of the Armenian gas distribution network of Armenia,
to Gazprom is irrelev nt, Gagik Minasyan, Chairman of the Armenian
Standing Parliamentary Commission on Financial, Credit and Budget
Issues, MP from the Republican Party of Armenia Faction, said at
today's press conference when asked about the expediency of sale of
the 20% of the Armenian Government's shares in exchange for non-growth
of prices of the Russian gas imported to Armenia.
He recalled the statement made during the recent meeting of the
Armenian and Russian Presidents Serzh Sargsyan and Vladimir Putin
in Moscow that the price of the Russian gas should meet the logic
of the sides' economic interests on the one hand, and to comply with
the gas prices in the region on the other hand.
To recall, the gas prices in Armenia have not been changed for over 2
years. Earlier the Armenian Ministry of Energy and Natural Resources
reported that Yerevan and Moscow were negotiating on the tariffs of
gas imported from Russia to Armenia. The Armenian mass media reported
that Gazprom was going to raise the gas price for Armenia from the
current 180 USD per 1 thsd cu m to $280 starting 1 October 2012,
and to $320 starting from January 2013. Last time the Russian gas
prices in Armenia grew on 1 April 2010 from 96 AMD to 132 AMD per
1 cu m for the population, and from $215 to $243.13 per 1 thsd cu m
for the large consumers using over 10 thsd cu m monthly.
To note, Gazprom OJSC owns 80% of shares of the Armenian gas monopolist
ArmRusgasprom, and 20% of shares belong to the Government of Armenia.