Newspaper: Russia sells natural gas to Armenia at higher price than in international market

YEREVAN. – The natural gas price continues to drop in the international market, Zhamanak (Time) newspaper of Armenia reported.

“At the moment, the price of [natural] gas fluctuates between 150-160 [US] dollars for a thousand cubic meters. This means that, at the moment, Russia sells [natural] gas to Armenia at a higher price—for 165 dollars—than it is worth in the international market.

“True, Armenia has a one-year [respective] contract with Russia. And if the [natural] gas price rises in the international market, it will not change for Armenia. But the fact remains,” Zhamanak wrote.