Announcement

Collapse
No announcement yet.

Armenia offers Gazprom to conclude a long-term contract on delivery

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia offers Gazprom to conclude a long-term contract on delivery

    Government of Armenia offers Gazprom to conclude a long-term contract
    on delivery of energy resources

    arminfo
    Monday, October 15, 08:46

    The Government of Armenia has offered the Russian gas monopolist
    Gazprom OJSC to conclude a long-term contract on delivery of energy
    resources, Igor Levitin, Advisor to the Russian President, said after
    II Armenian-Russian Interregional Forum on Saturday.

    He said that during the forum the Armenian party and the Gazprom
    representatives also discussed the future price of the gas delivered
    to Armenia. When commenting on this problem for ArmInfo's
    correspondent, Levitin said that at present Gazprom and the Government
    of Armenia have a short-term contract for 1 year. He said that in
    general, the Russian party accepts Armenia's offer on a switch to a
    long- term contract basis. At the same time, however, Levitin did not
    say whether the prices will annually be revised in this case or they
    will remain unchanged within the next few years. He did not specify
    the gas price for Armenia in 2013.

    Today Armenia buys Russian gas for $180 per 1 thsd cu m. Several
    Armenian news agencies reported that the price in 2013 would be
    revised into $320.

    In the meantime, Levitin said that Armenia has a good potential for
    promoting the trade and economic relations with Russia. The increase
    in the foreign trade turnover will contribute to creation of free
    trade zones. To demonstrate a good example of cooperation, Levitin
    pointed out the work of the South Caucasus Railway, the concessionaire
    of the Armenian Railway, whose sustainable activity allows increasing
    the cargo turnover.

    To note, according to the Armenian official statistics, the foreign
    trade turnover between Armenia and Russia in 2011 made up $1.1 bln
    (20% y-o-y growth). The balance of trade made up negative $670 mln.


    From: Baghdasarian
Working...
X