Announcement

Collapse
No announcement yet.

Mp: Armenia Has Sold Its 20% Stake In Armrusgasprom To Gazprom

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

  • Mp: Armenia Has Sold Its 20% Stake In Armrusgasprom To Gazprom

    MP: ARMENIA HAS SOLD ITS 20% STAKE IN ARMRUSGASPROM TO GAZPROM

    arminfo
    Wednesday, October 24, 20:23

    Armenia has sold its 20% stake in ArmRusgasprom to Gazprom for 63bln
    AMD, opposition MP Levon Zurabyan said in the Armenian Parliament
    on Wednesday.

    He said that the Armenian authorities did it to keep down the gas
    price before the presidential elections 2013.

    Zurabyan explained that Gazprom has already raised its price for
    Armenia to $240 per 1,000 c m but the Armenian authorities are still
    paying $180.

    "The difference will be covered by the country's stake in
    ArmRusgasprom. But Apr 1 2013 we will still have to start paying $240,"
    Zurabyan said.

    Armenia's Energy Minister Armen Movsisyan said that the Armenian
    authorities are still negotiating with Gazprom. "The negotiations
    are confidential and I cannot specify anything before they are over,"
    the Minister said.

Working...
X