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New Gas Price Deal Kept Secret

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  • New Gas Price Deal Kept Secret

    NEW GAS PRICE DEAL KEPT SECRET

    Story from Lragir.am News:
    http://www.lragir.am/engsrc/economy26974.html
    Published: 11:14:35 - 27/07/2012

    In May, ARG and Gazprom signed a new agreement on the gas price,
    while on July 12 the minister of energy and natural resources Armen
    Movsisyan assured that negotiations on gas price with Gazprom were
    still underway, CivilNet reports.

    CivilNet was told by Gazprom that the price of gas supplied to Armenia
    is set by the document signed in May 2012. According to them, the
    customs price of the Russian gas amounts to USD219 per 1000 cubic
    meters, while the ministry of energy and natural resources and ARG
    claimed it is USD180.

    The gas price is kept secret at the request of the Armenian party. It
    will be announced only after the presidential elections. Before that
    the gas price will not increase for the citizens and the difference
    will be paid by the share of the Armenian government in ARG. 10%
    of 20% of the Armenian shares will be transferred to the Russian side.

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