STARTING FROM 1 APRIL 2010, PRICE OF 1,000 CUBIC METERS OF RUSSIAN GAS FOR ARMENIA TO MAKE 0 INSTEAD OF ENVISAGED 0

Noyan Tapan
Oct 20, 2009

YEREVAN, OCTOBER 20, NOYAN TAPAN. By a preliminary agreement reached
with Gazprom, the price of 1,000 cubic meters of Russian gas for
Armenia will make 0 instead of envisaged 0 starting from April 1, 2010,
Director of ArmRusgazprom company Karen Karapetian told reporters on
October 20.

In his words, the possible reduction in the price of Russian gas
supplied to Armenia is not related to the new nuclear power unit
to be constructed in Metsamor. Although the negotiations are still
underway, ArmRusgazprom is developing its strategy based on the price
of 0. "180 dollars will be the best price in the region," Karapetian
said, adding that over the past 12 years Armenia has had an exclusive
price for Russian gas.