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NATURAL GAS TALKS BETWEEN ARMENIA AND GAZPROM TO END SOON, MINISTER SAYS
YEREVAN, November 14. / ARKA /. Negotiations with Russian Gazprom
on the price of natural gas to Armenia will be completed in the
near future, Armenian energy and natural resources minister Armen
Movsisyan said in a written response to an inquiry from parliament
member Hovhannes Margaryan.
According to the minister's reply, which Margaryan read out during
a Q&A parliament session today, one the negotiations are over the
government will report immediately on a possible change in gas prices
for consumers.
Earlier had of Armenia's Public Services Regulatory Commission (PSRC)
Robert Nazarian the price of natural gas supplied to Armenia by Russia
will be revised.
During an August visit to Moscow Armenia's President Serzh Sargsyan
said Russia and Armenia had reached mutual understanding over the
price for Russia's natural gas being exported to Armenia.
Sargsyan highlighted that the price should be set with taking into
account the real market price multiplied or divided into the necessity
of providing Armenia with natural gas at a price commeasurable
with regional prices as well as the necessity to maintain Armenian
economy's effectiveness.
According to some speculations in media, natural gas price in Armenia
may rise to $280 per 1,000 cubic meters from 1 October 2012, and $320
per 1,000 cubic meters from 1 January 2012. Currently, Armenia buys
gas for $180 per 1,000 cubic meters from Gazprom.
ArmRosGazprom is the only company dealing with import and distribution
of Russian natural gas coming to Armenia from Russia via Georgia. It
was established in 1997. Russian Gazprom holds 80 percent in it,
the rest is owned by Armenian government. -0-
YEREVAN, November 14. / ARKA /. Negotiations with Russian Gazprom
on the price of natural gas to Armenia will be completed in the
near future, Armenian energy and natural resources minister Armen
Movsisyan said in a written response to an inquiry from parliament
member Hovhannes Margaryan.
According to the minister's reply, which Margaryan read out during
a Q&A parliament session today, one the negotiations are over the
government will report immediately on a possible change in gas prices
for consumers.
Earlier had of Armenia's Public Services Regulatory Commission (PSRC)
Robert Nazarian the price of natural gas supplied to Armenia by Russia
will be revised.
During an August visit to Moscow Armenia's President Serzh Sargsyan
said Russia and Armenia had reached mutual understanding over the
price for Russia's natural gas being exported to Armenia.
Sargsyan highlighted that the price should be set with taking into
account the real market price multiplied or divided into the necessity
of providing Armenia with natural gas at a price commeasurable
with regional prices as well as the necessity to maintain Armenian
economy's effectiveness.
According to some speculations in media, natural gas price in Armenia
may rise to $280 per 1,000 cubic meters from 1 October 2012, and $320
per 1,000 cubic meters from 1 January 2012. Currently, Armenia buys
gas for $180 per 1,000 cubic meters from Gazprom.
ArmRosGazprom is the only company dealing with import and distribution
of Russian natural gas coming to Armenia from Russia via Georgia. It
was established in 1997. Russian Gazprom holds 80 percent in it,
the rest is owned by Armenian government. -0-