Issue Of Changing Tariff For Gas Imported From Russia To Be Decided

ISSUE OF CHANGING TARIFF FOR GAS IMPORTED FROM RUSSIA TO BE DECIDED IN SEPTEMBER

Noyan Tapan

Ju ly 30, 2008

YEREVAN, JULY 30, NOYAN TAPAN. The preparatory work of construction
of oil processing factory in Armenia with the participation of Iran
and Russia continues. A meeting of the respective working groups will
be held in September 2008, during which factory construction programs
and terms of their implementation will be made clear. Armen Movsisian,
the RA Minister of Energy and Natural Resources, said on July 30.

According to him, the construction of the Iran-Armenia gas pipeline
proceeds according to the schedule. It may be finished ahead of the
schedule, by the end of the year.

Touching upon the issue of change of the tariff for Russian gas
imported to Armenia, A. Movsisian said that signing of an agreement
with the Gazprom company regulating the issue is envisaged in
September.

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