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Zhoghovurd: Armenians Consume Less Natural Gas As Prices Surge

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  • Zhoghovurd: Armenians Consume Less Natural Gas As Prices Surge

    ZHOGHOVURD: ARMENIANS CONSUME LESS NATURAL GAS AS PRICES SURGE

    09:53 * 22.08.14

    Natural gas consumption is said to be considerably lower in Armenia
    this year despite the registered increase in the import volumes.

    Citing a report by Gazprom Armenia, the paper says that the consumption
    volumes are down by 1.7% while the import has grown by 4.1%.

    A survey by the paper has found that the main consumers are energy
    companies which have used the blue fuel by 14.2% more over the
    recent period.

    The Hrazdan Hydropower Plant, which is the most expensive power
    generating company in Armenia, is known to be a major natural gas
    consumer, the paper says, noting that this particular company's
    policies necessitated the recent surge in the electricity prices. The
    paper claims that the decision is the Russian companies' attempt to
    do business at the expense of Armenian citizens.

    Armenian News - Tert.am

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