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Armenia's Accession To Customs Union Will Result In Cheaper Natural

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  • Armenia's Accession To Customs Union Will Result In Cheaper Natural

    ARMENIA'S ACCESSION TO CUSTOMS UNION WILL RESULT IN CHEAPER NATURAL GAS, EXPERT SAYS

    YEREVAN, September 11. / ARKA /. Armenia's accession to the Customs
    Union will guarantee it cheaper price for imported natural gas,
    Sevak Sarukhanian, deputy head of Noravank research and education
    foundation said today.

    According to him, the failure to join the Russian-led union would mean
    substantially higher price that would have a very negative impact on
    Armenian economy.

    "But the question is whether accession to the union will guarantee an
    unchanged price of natural gas. There is no such guarantee, because the
    Customs Union is still at the stage of formation of a common energy
    policy. However, the trends in the Russian -Belarusian agreements
    indicate that Russia will apply the principle of proportionate return,'
    he said.

    This, he said, does not mean that Armenia will pay as much as consumers
    within Russia pay because transport costs should be taken into account
    as well.

    "In our case, the main problem is the transit fee we pay to Georgia.

    The price for Belarus is $190 per one thousand cubic meters. For
    Armenia the price may be some $210-$220. In any case the price will be
    much lower than $350-$400 that other countries have to pay,' he said.

    "Armenia is not ready to fully integrate either with the Eurasian
    Economic Community or the European Union," a political analyst Yervand
    Bozoyan countered. According to him, although Yerevan must remain
    committed to European values to build a real democracy, European
    integration is fraught with certain risks, as Armenia can not be
    simultaneously integrated into Europe and cooperate with Russia on
    security issues.

    Speaking about Armenia's intention to join the Customs Union, Bozoyan
    claimed the country will face serious technical problems because of
    the absence of common border with any of the Customs Union's member
    countries. -0-

    16:52 11.09.2013

    http://arka.am/en/news/economy/armenia_s_accession_to_customs_union_will_result_i n_cheaper_natural_gas_expert_says/

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