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Russia And Armenia To Agree On Subsidizing Tariff On Gas Before End

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  • Russia And Armenia To Agree On Subsidizing Tariff On Gas Before End

    RUSSIA AND ARMENIA TO AGREE ON SUBSIDIZING TARIFF ON GAS BEFORE END OF 2013

    Vestnik Kavkaza, Russia
    Nov 4 2013

    4 November 2013 - 4:43pm

    Moscow and Yerevan will sign an agreement on subsidizing the tariff
    on gas by the end of the year, the Minister of Energy and Natural
    Resources of Armenia, Armen Movsisyan, said on Monday.

    Russia will be subsidizing the price of natural gas supplies to
    Armenia. Movsisyan said that the issue will be discussed in the
    framework of joining the Customs Union.

    Prime Minister Tigran Sargsyan said in May that the Armenian government
    will subsidize 30% of the price of gas. Later, Energy Minister Armen
    Movsisyan said that the government is trying to involve Russia
    in the question of subsidies, since it owns 80% of the company
    "ArmRusgasprom." In the summer of 2013 both sides discussed the
    possibility of increasing the share of "Gazprom" in "ArmRosgazprom"
    from 80% to 100%.

    Moscow and Yerevan will sign an agreement on subsidizing the tariff
    on gas by the end of the year, the Minister of Energy and Natural
    Resources of Armenia, Armen Movsisyan, said on Monday.

    Russia will be subsidizing the price of natural gas supplies to
    Armenia. Movsisyan said that the issue will be discussed in the
    framework of joining the Customs Union.

    Prime Minister Tigran Sargsyan said in May that the Armenian government
    will subsidize 30% of the price of gas. Later, Energy Minister Armen
    Movsisyan said that the government is trying to involve Russia
    in the question of subsidies, since it owns 80% of the company
    "ArmRusgasprom." In the summer of 2013 both sides discussed the
    possibility of increasing the share of "Gazprom" in "ArmRosgazprom"
    from 80% to 100%.

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