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Armenian PM Conceals Planned Increase For Gas Prices - Paper

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  • Armenian PM Conceals Planned Increase For Gas Prices - Paper

    ARMENIAN PM CONCEALS PLANNED INCREASE FOR GAS PRICES - PAPER

    PanARMENIAN.Net
    July 11, 2012 - 15:05 AMT

    PanARMENIAN.Net - According to Zhoghovurd daily, Gazrpom Russian gas
    giant plans a sharp increase for Armenia-supplied gas tariffs.

    "At present, the price for gas at the border with Armenia totals $180
    per 1000 cubic meters. However, Gazprom plans a rise, with prices of
    $280 and 320 to be offered in October and January respectively."

    "Increase in gas tariffs has long been public knowledge; moreover,
    over the last months, Russia has already raised the price from $180
    to 230. The authorities, however, preferred to conceal the fact, with
    ArmRosGazprom's superprofit and minor subsidies making it possible."

    "The government program doesn't contain any mentions of expected
    tariff change, in the same manner that Prime Minister Tigran Sargsyan
    was concealing the possibility of an economic crisis, believing it
    won't get to Armenia."

    "This is the mood in which PM Sargsyan has left on vacation," the
    paper said.




    From: A. Papazian
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