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Russia Will Subsidize Gas Price, Says Armenian Energy Minister

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  • Russia Will Subsidize Gas Price, Says Armenian Energy Minister

    RUSSIA WILL SUBSIDIZE GAS PRICE, SAYS ARMENIAN ENERGY MINISTER

    15:24 04/11/2013 " ECONOMY

    The 2014 draft budget does not envisage the subsidization of the
    price of natural gas supplied to Armenia, Armenian Energy Minister
    Armen Movsisyan said during the discussion of the 2014 draft budget
    at the National Assembly.

    "The Russian government will subsidize the gas price," he added.

    According to the Minister, currently, gas price negotiations between
    Armenia and Russia proceed in the context of Armenia's entry into
    the Customs Union.

    "An agreement will be signed by the end of the year," the Minister
    said.

    Source: Panorama.am

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