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Iranian gas not to cost less than $370 per 1,000 c. m to Armenia, minister says
YEREVAN, May 24./ARKA/. Iranian natural gas will cost to Armenia not
less than $370 per 1,000 cubic meters, said Armen Movsisyan, Energy
and Natural Resources Minister.
`At present, Iran sells its natural gas to Turkey at $335 per 1,000
cubic meters, but starting with the next year the price will rise to
$440. As Turkey consumes huge volume of gas, the sides can kick off
talks, and we will be offered the price of not less than $370,'
Movsisyan said Thursday at the parliament debates over the gas price.
The minister noted Iran-Armenia pipeline could completely cover the
domestic gas demand, as its capacity is 2.2 billion cubic meters a
year, while Armenian domestic demand is just 1.7 billion cubic meters.
He also added in case some additional compressor stations were
constructed, the pipeline capacity might increase to 3 billion cubic
meters.
In 2004, the Armenian government initiated construction of
Iran-Armenia gas pipeline to expand its gas import network. Armenia
started receiving the Iranian gas through the pipeline on May 15,
2009. The gas delivery was agreed upon `Gas in exchange for
electricity' principle.
According to the Public Services Regulatory Commission, Armenia
imported over 2.4 billion cubic meters of gas in 2012, of them over
1.9 billion from Russia, and 488.3 million from Iran.
On May 14, Armenia-based ArmRosgazprom CJSC and Transgaz Ltd.
requested Armenia's Public Services Regulatory Commission to
re-evaluate the current natural gas tariff.
At present, the monthly tariff for consumers is 132 drams (including
VAT) per 1,000 cubic meters for those who consumer up to 10,000 cubic
meters per month.
The request submitted by ArmRosgazprom states that the company, in
accordance with the agreement with Gazprom, has been paying $270 per
1,000 cubic meters at the border since 1 April. The minister, however,
says Armenia is and will be paying $180 until the talks over the
tariffs are finished.
ArmRosgazprom CJSC, established in 1997, enjoys the sole right for
importing and distributing Russian natural gas in Armenia.
Russia conveys its gas to Armenia through Georgia.
The company's shareholders are Russia's Gazprom and the Armenian
government. -0-
13:55 24.05.2013
http://arka.am/en/news/economy/iranian_gas_not_to_cost_less_than_370_per_1_000_c_ m_to_armenia_minister_says/
YEREVAN, May 24./ARKA/. Iranian natural gas will cost to Armenia not
less than $370 per 1,000 cubic meters, said Armen Movsisyan, Energy
and Natural Resources Minister.
`At present, Iran sells its natural gas to Turkey at $335 per 1,000
cubic meters, but starting with the next year the price will rise to
$440. As Turkey consumes huge volume of gas, the sides can kick off
talks, and we will be offered the price of not less than $370,'
Movsisyan said Thursday at the parliament debates over the gas price.
The minister noted Iran-Armenia pipeline could completely cover the
domestic gas demand, as its capacity is 2.2 billion cubic meters a
year, while Armenian domestic demand is just 1.7 billion cubic meters.
He also added in case some additional compressor stations were
constructed, the pipeline capacity might increase to 3 billion cubic
meters.
In 2004, the Armenian government initiated construction of
Iran-Armenia gas pipeline to expand its gas import network. Armenia
started receiving the Iranian gas through the pipeline on May 15,
2009. The gas delivery was agreed upon `Gas in exchange for
electricity' principle.
According to the Public Services Regulatory Commission, Armenia
imported over 2.4 billion cubic meters of gas in 2012, of them over
1.9 billion from Russia, and 488.3 million from Iran.
On May 14, Armenia-based ArmRosgazprom CJSC and Transgaz Ltd.
requested Armenia's Public Services Regulatory Commission to
re-evaluate the current natural gas tariff.
At present, the monthly tariff for consumers is 132 drams (including
VAT) per 1,000 cubic meters for those who consumer up to 10,000 cubic
meters per month.
The request submitted by ArmRosgazprom states that the company, in
accordance with the agreement with Gazprom, has been paying $270 per
1,000 cubic meters at the border since 1 April. The minister, however,
says Armenia is and will be paying $180 until the talks over the
tariffs are finished.
ArmRosgazprom CJSC, established in 1997, enjoys the sole right for
importing and distributing Russian natural gas in Armenia.
Russia conveys its gas to Armenia through Georgia.
The company's shareholders are Russia's Gazprom and the Armenian
government. -0-
13:55 24.05.2013
http://arka.am/en/news/economy/iranian_gas_not_to_cost_less_than_370_per_1_000_c_ m_to_armenia_minister_says/