PRICE FOR IMPORT OF NATURAL GAS TO ARMENIA RAISES BY 40% STARTED APRIL 1 2009

ArmInfo
2009-04-01 09:58:00

ArmInfo. The price for import of natural gas to Armenia grows by
40% started April 1, 2009, to $154 per 1 000 cub m instead of the
previous $110, that caused growth of the price for gas, electrical
energy and water in Armenia. So, according to the decision of the
Public Services Regulatory Commission of Armenia, the gas tariff for
industrial consumers (consumers using over 10,000 cub m of gas per
month) grew by 40.2% started April 1, 2009, to $215 per 1000 cub m
of gas (VAT inclusive) against the previous $153,26.

For consumers, using to 10,000 cub m of gas per month (this group
includes mainly the population), the tariff grew by 14,2% to 96,000
drams per 1000 cub m of gas (VAT inclusive) against the previous
84,000 drams per month.

Moreover, according to the Commission decision, started April 1,
2009, the tariff for electrical energy for Armenia’s industrial
enterprises grew by 31,2% in the daytime and 41,6 % at night. For
the enterprises, which are powered from electrical substations with
voltage of 35 kV and higher (big industrial consumers), the daytime
tariff grew from the previous 16 drams per 1 kWh to 21 drams (31,2%
growth). A common night tariff at the rate of 17 drams per 1 kWh has
been fixed for all the enterprises against the previous 12 drams (41,6%
growth). The daytime tariff for smaller enterprises, being powered
from electrical substations with 6 (10 kV), grew from the current
20 drams to 25 drams (25% growth). The daytime tariff for electrical
energy for the population grew from the previous 25 drams to 30 per
1kWh and the night tariff grew from the previous 15 drams to 20 drams.

The night tariff is valid from 11:00 PM to 7:00 AM. Moreover, started
April 1, the tariff for drinking water in the regions (outside of
the capital) grew by 33,5% to 154, 37 drams per each cub m.
From: Baghdasarian