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RUSSIA READY TO ABOLISH CUSTOMS DUTY ON EXPORT OF GAS TO ARMENIA
YEREVAN, October 8. / ARKA /. Russia is ready to eliminate a 30 percent
customs duty on export of natural gas to Armenia, energy and natural
resources minister Armen Movsisyan said today.
Currently Armenia pays $270 for one thousand cubic meters of Russian
gas that arrives in the country across Georgia. Of that amount $189
dollars is the price of gas, and the rest is the 30% customs duty.
"We have done quite a lot of work with the Russian side. After
September 3 announcement that Armenia is ready to join the Russia-led
Customs Union, the gas delivery contract between the two governments
will be revised and simplified. This means the Russian side will not
apply customs duty on gas exports to Armenia. We hope that a revised
contract will be signed before the end of this year," said Movsisyan .
According to the minister, the price of gas for Armenia will be the
same as in Russia plus transportation costs.
However, Movsisyan said this will not affect the price for domestic
consumers that will remain unchanged. "Our calculations show that the
revised contract will not entail a price rise or price drop,' he added.
Russian gas is delivered to Armenia by joint Russian-Armenian
ArmRosGazprom (ARG). It was established in 1997. Russian Gazprom holds
80 percent in it, the rest is owned by Armenian government. -0- -0-
- See more at:
http://arka.am/en/news/economy/russia_ready_to_abolish_customs_duty_on_export_of_ gas_to_armenia/#sthash.3KjNI2aV.dpuf
YEREVAN, October 8. / ARKA /. Russia is ready to eliminate a 30 percent
customs duty on export of natural gas to Armenia, energy and natural
resources minister Armen Movsisyan said today.
Currently Armenia pays $270 for one thousand cubic meters of Russian
gas that arrives in the country across Georgia. Of that amount $189
dollars is the price of gas, and the rest is the 30% customs duty.
"We have done quite a lot of work with the Russian side. After
September 3 announcement that Armenia is ready to join the Russia-led
Customs Union, the gas delivery contract between the two governments
will be revised and simplified. This means the Russian side will not
apply customs duty on gas exports to Armenia. We hope that a revised
contract will be signed before the end of this year," said Movsisyan .
According to the minister, the price of gas for Armenia will be the
same as in Russia plus transportation costs.
However, Movsisyan said this will not affect the price for domestic
consumers that will remain unchanged. "Our calculations show that the
revised contract will not entail a price rise or price drop,' he added.
Russian gas is delivered to Armenia by joint Russian-Armenian
ArmRosGazprom (ARG). It was established in 1997. Russian Gazprom holds
80 percent in it, the rest is owned by Armenian government. -0- -0-
- See more at:
http://arka.am/en/news/economy/russia_ready_to_abolish_customs_duty_on_export_of_ gas_to_armenia/#sthash.3KjNI2aV.dpuf