WHICH IS THE TRUE COST OF GAS?

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[08:44 pm] 05 April, 2006

“The price of the gas will not rise by more than 10-15%”, Robert
Kocharyan announced today.

According to him, the Committee regulating public services must
establish new tariffs. Let us remind you that since April 1 the price
of gas for Armenia is 110 USD for 1000 cubic meters. According tot
eh decision of the Committee, since April 10 the residents of Armenia
must pay 90 AMD for one cubic meter of gas instead of 59.

Robert Kocharyan claimed that the Government has found the way to
solve the problem. This way became known in the evening.

The Governments of Armenia and Russia have signed an agreement
according to which 45km of the gas pipeline Iran-Armenia already
belongs to the Russian company “Gasprom”. According to the Radio
Station “Azatutyun”, there is an agreement that “Gasprom” participates
in the construction of the second part of the pipeline, and he is the
owner of the 5th block of the Hrazdan heat-electric generating plant.

It is worth reminding today’s announcement by Kocharyan that “time
showed that the choice of the strategic partner in the face of Russian
“Gasprom” was right”.