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Russia Did Not Submit Request For Review Of Natural Gas Price - Arme

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  • Russia Did Not Submit Request For Review Of Natural Gas Price - Arme

    RUSSIA DID NOT SUBMIT REQUEST FOR REVIEW OF NATURAL GAS PRICE - ARMENIAN MINISTER

    news.am
    February 16, 2012 | 16:02

    YEREVAN. - The Russian Gazprom Company did not submit a request
    for reviewing the price of natural gas being supplied to Armenia,
    Energy and Natural Resources Minister Armen Movsisyan informed during
    a press conference on Thursday.

    In his words, the arrangements are such that Gazprom has to submit a
    request for changing the price of gas four months in advance, yet it
    has not presented such demand to date.

    Armenia receives natural gas at a price of US$ 180/1,000 m3, which
    is considerably less than the price being charged for Europe, which
    is close to $450/1,000 m3.

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