Announcement

Collapse
No announcement yet.

ARG CEO shrugs off allegation that gas price rose by 15 percent

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

  • ARG CEO shrugs off allegation that gas price rose by 15 percent

    ARG CEO shrugs off allegation that gas price rose by 15 percent


    YEREVAN, June 7. /ARKA/. CEO of Armenia's Russian-controlled natural
    gas operator ArmRosGazprom (ARG), Vardan Harutyunyan, shrugged off
    today allegations that the price of Russian natural gas shipped to
    Armenia via Georgia has increased by 15 percent. Speaking to
    journalists, he said the price for households has been raised only by
    9 percent.

    Armenia's Public Services Regulatory Commission (PSRC) has set today a
    new price for households consuming up to 10,000 cubic meters a month
    raising it from previous 132 drams per one cubic meter to 156 drams,
    including VAT. The new price will become effective from July 7.

    "In calculating the rise of the price it is necessary to take into
    account the exchange rate of the Armenian dram against USD. An
    objective calculation shows that the rise is 9 percent and not 14-15%,
    as claimed by some people," Harutyunyan said.

    He said when the PSRC had set the old price of 132 drams the USD cost
    380-383 drams, now it costs 415 drams. "Given this, we can see that
    the price of gas has increased by only 9%," he concluded.

    ArmRosGazprom is the only supplier and distributor of Russian natural
    gas to Armenia.. Some 80 percent in the company that was founded in
    1997 is owned by Rusisan Gazprom, the rest -by Armenian government. ($
    1 - 414.92 drams). -0-


    From: Baghdasarian
Working...
X