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Xinhua General News Service, China
May 21, 2013 Tuesday 9:25 AM EST
Gas prices set to rise in Armenia
YEREVAN May 21
A Russian-controlled company providing natural gas to Armenia had
applied to raise prices, Prime Minister Tigran Sargsyan said Monday.
ArmRusgasprom CJSC has asked the Public Services Regulatory Commission
to reset the gas price to 221,000 AMD (530 U.S. dollars) from 132,000
AMD (316 dollars) per thousand cubic meters, Sargsyan told a
parliamentary session.
Russia sells gas to Armenia at 189 dollars per thousand cubic meters,
the same price it charges Belarus, which is considered to be the
cheapest in the international market, he said.
However, Sargsyan said, an additional 30-percent export tax is added
to gas provided to Armenia because it is not a member of the Customs
Union of Russia, Belarus and Kazakhstan.
The Armenian government has announced it will subsidize 30 percent of
the gas price for vulnerable social groups.
The Commission has made no decision on the final price of gas. The
commission is an independent state body that regulates prices in the
sectors of water, electricity and gas supplies.
May 21, 2013 Tuesday 9:25 AM EST
Gas prices set to rise in Armenia
YEREVAN May 21
A Russian-controlled company providing natural gas to Armenia had
applied to raise prices, Prime Minister Tigran Sargsyan said Monday.
ArmRusgasprom CJSC has asked the Public Services Regulatory Commission
to reset the gas price to 221,000 AMD (530 U.S. dollars) from 132,000
AMD (316 dollars) per thousand cubic meters, Sargsyan told a
parliamentary session.
Russia sells gas to Armenia at 189 dollars per thousand cubic meters,
the same price it charges Belarus, which is considered to be the
cheapest in the international market, he said.
However, Sargsyan said, an additional 30-percent export tax is added
to gas provided to Armenia because it is not a member of the Customs
Union of Russia, Belarus and Kazakhstan.
The Armenian government has announced it will subsidize 30 percent of
the gas price for vulnerable social groups.
The Commission has made no decision on the final price of gas. The
commission is an independent state body that regulates prices in the
sectors of water, electricity and gas supplies.