Gas Price Raises

GAS PRICE RAISES

Panorama.am
14:30 10/02/2009

"Armrusgazprom" company raises the prices of natural gas; the company
has already presented the claim to the Public Services Regulatory
Commission of Armenia, said Mariam Stepanyan, the responsible of the
press service of the company to Panorama.am. According to the source,
a commission session will be conducted till the end of February to
define the new price.

Remind: the Prime Minister of Armenia Tigran Sargsyan announced in
15 April, 2008 that from 1 May the gas subsidy would be finished.

To our request whether the commission has received claims from
"Armenian Water and Sewerage" and "Armenian Electricity Network"
companies of raising the prices, M. Stepanyan answered "we have not
yet received any claim from those companies."