Russian Gas Price To Rise For Armenia In 2010

RUSSIAN GAS PRICE TO RISE FOR ARMENIA IN 2010

news.am
Nov 20 2009
Armenia

Gas price will make U.S. $180 per 1000m3 in Armenia starting January 1,
2010. Under the ArmRosGazprom (ARG) CJSC and Gazprom OJSC agreement,
Armenia had to pay U.S. $200 per 1000m3.

ArmRosGazprom Company Board Chairman Karen Karapetyan stated a month
ago that gas rate for Armenia will be reduced. RA Minister of Energy
and Natural Resources Armen Movsisyan confirmed the information on
November 19, 2009.

According to experts, Russia had cut gas price due to fall in oil
price in world markets. Gazprom will supply gas to European countries
at U.S. $200-220 against previous U.S. $460, whereas Armenia presently
pays U.S. $154 per 1000m3.

Starting April 1, 2010 gas and electricity prices will rise, Chairman
of RA Public Services Regulatory Commission Robert Nazaryan stated
recently.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS