GAS PRICE MAY BE $68 ON THE ARMENIAN FRONTIER

Panorama.am
13:08 03/04/06

“According to the information I possess the price of Russian natural
gas on the Armenian border is going to be $68,” announced the
head of “Mika Ltd.” Michael Baghdasarov in the course of the press
conference. As he said the rise in gas price caused not problems
but favorable conditions for Armenia rather than for Georgia and
Azerbaijan. “The gas tariff is going to be $110 both for Georgia and
Azerbaijan, and for Armenia it is going to be $68,” M. Baghdasarov
mentioned. The latter emphasized that the tariff of $68 is not a
final price, yet it cannot exceed $70 on the frontier, and it will
be no less than $100 for the inner consumers. In the meantime the
businessman did not exclude that everything can turn over in the last
moment. As he thinks the low gas tariff will allow native goods to
be more competitive rather than those of Georgia or Azerbaijan.

To remind, one of these days RA NA Deputy Manouk Gasparyan named the
same price, $68, while introducing his own calculations and expressing
his view.