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Gazprom Armenia May Apply For Gas Price Revision

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  • Gazprom Armenia May Apply For Gas Price Revision

    GAZPROM ARMENIA MAY APPLY FOR GAS PRICE REVISION

    13:27 * 17.12.14

    If the Armenian dram goes on depreciating against the USD, the
    Gazprom Armenia company will conduct monitoring and apply to the
    Public Services Regulatory Commission for a revision of the gas price,

    Shushan Sardaryan, Spokesperson for the Gazprom Armenia company,
    told Tert.am.

    "The company is conducting daily monitoring, and if the upward trend
    continues during the following months, and the company continues
    sustaining losses, it, on the basis of the monitoring results, will
    decide to apply to the Regulatory Commission for a price revision."

    Ms Sardaryan reported earlier that the gas price remained unchanged
    at the border - $189 for 1,000 cubic meters. The current price was
    calculated at an exchange rate of $1/AMD 416.5.

    http://www.tert.am/en/news/2014/12/17/gazprom1/1538482

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