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RUSSIAN GAS STILL CHEAPER THAN IRANIAN, DESPITE PRICE RISE: ARMENIAN MINISTER
YEREVAN, June 13. /ARKA/. The Russian gas, even with its price
increased, is still cheaper for Armenia than the Iranian gas, Armenia's
minister of energy and natural resources Armen Movsisyan said.
On June 7, Armenia's public services regulatory commission approved
the new gas tariff of 156,000 drams (including VAT) for customers
with consumption of up to 10,000 cubic meters monthly. The tariff was
132,000 drams before the revision. The commission's decree will come
into force as from July 7.
Earlier, Iranian ambassador to Armenia Mohammad Reisi said Iran is
ready to support Armenia in gas supplies, but Armenia should decide
itself whether Iranian gas could replace the Russian.
"Still in talks with the Russian side, me personally I was negotiating
with Iran's National Gas Company, with the deputy minister, with the
minister, over the gas supplies to Armenia. And I am saying again
what I have already said - Iran cannot sell gas to us at a cheaper
price than Russia does", the minister said.
The minister said the minimum price Iran is ready to supply gas to
Armenia at is $370 per 1,000 cubic meters, whereas the capacity of
Iran-Armenia pipeline is an annual of 2.3-2.4 billion cubic meters.
Meantime, Armenia's need for gas is not more than 2 billion cubic
meters per year.
According to the report of the public services regulatory commission,
Armenia imported a total of 2,455.5 million cubic meters of gas in
2012, of them 1,967.2 million from Russia and 488.3 million from Iran.
Iran is supplying gas to Armenia in exchange for electricity.
ArmRosgasprom closed joint stock company founded in 1997 holds
the monopoly for gas supplies and distribution on Armenia's
domestic market. The company's stockholders are Russian Gazprom
(80%) and the Armenian government (20%). -0- - See more at:
http://arka.am/en/news/society/russian_gas_still_cheaper_than_iranian_despite_pri ce_rise_armenian_minister/#sthash.fT5K0xqP.dpuf
From: A. Papazian
YEREVAN, June 13. /ARKA/. The Russian gas, even with its price
increased, is still cheaper for Armenia than the Iranian gas, Armenia's
minister of energy and natural resources Armen Movsisyan said.
On June 7, Armenia's public services regulatory commission approved
the new gas tariff of 156,000 drams (including VAT) for customers
with consumption of up to 10,000 cubic meters monthly. The tariff was
132,000 drams before the revision. The commission's decree will come
into force as from July 7.
Earlier, Iranian ambassador to Armenia Mohammad Reisi said Iran is
ready to support Armenia in gas supplies, but Armenia should decide
itself whether Iranian gas could replace the Russian.
"Still in talks with the Russian side, me personally I was negotiating
with Iran's National Gas Company, with the deputy minister, with the
minister, over the gas supplies to Armenia. And I am saying again
what I have already said - Iran cannot sell gas to us at a cheaper
price than Russia does", the minister said.
The minister said the minimum price Iran is ready to supply gas to
Armenia at is $370 per 1,000 cubic meters, whereas the capacity of
Iran-Armenia pipeline is an annual of 2.3-2.4 billion cubic meters.
Meantime, Armenia's need for gas is not more than 2 billion cubic
meters per year.
According to the report of the public services regulatory commission,
Armenia imported a total of 2,455.5 million cubic meters of gas in
2012, of them 1,967.2 million from Russia and 488.3 million from Iran.
Iran is supplying gas to Armenia in exchange for electricity.
ArmRosgasprom closed joint stock company founded in 1997 holds
the monopoly for gas supplies and distribution on Armenia's
domestic market. The company's stockholders are Russian Gazprom
(80%) and the Armenian government (20%). -0- - See more at:
http://arka.am/en/news/society/russian_gas_still_cheaper_than_iranian_despite_pri ce_rise_armenian_minister/#sthash.fT5K0xqP.dpuf
From: A. Papazian