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Armenia Hopes To Receive Cheap Gas From Russia

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  • Armenia Hopes To Receive Cheap Gas From Russia

    ARMENIA HOPES TO RECEIVE CHEAP GAS FROM RUSSIA

    The Messenger, Georgia
    Sept 13 2013

    By Messenger Staff
    Friday, September 13

    Armen Movsisyan, Armenia's energy minister, has spoken about the
    possibility of gas from Russia being subsidized. Movsisyan explained
    that Russian state energy company Gazprom has decided to sell natural
    gas to Armenia at $270 per thousand cubic meters. Movsisyan expressed
    his hope that 30% of this amount will be subsidized. The minister
    expressed his confidence that as soon as Armenia enters the Eurasian
    Union the price of natural gas from Russia will fall to $189 per
    thousand cubic meters.

    http://www.messenger.com.ge/issues/2946_september_13_2013/2946_econ_four.html

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