Armenia raises domestic gas prices

Armenia raises domestic gas prices

Mediamax news agency
10 Mar 06

Yerevan, 10 March: Beginning from 10 April 2006, the population of
Armenia will pay 90 drams [20 cents] for 1 cu.m. of gas instead of the
previous 59 drams [0.1 dollars].

Today, the public service coordinating commission set new tariff rates
for natural gas, Mediamax reports.

Beginning from 10 April, industrial consumers (using over 10.000
cu.m. a month) will pay 146.51 dollars for 1,000 cu.m., instead of the
previous 79 dollars.

The population (with the volume of consumption not exceeding 10,000
cu.m. a month) will pay 90 drams for 1 cu.m. of gas instead of the
previous 59 drams.

On 28 February, ArmRosGazprom company appealed to the public service
coordinating commission asking them to review gas tariffs due to the
increase in Russian natural gas prices beginning from 1 April 2006
from 56 dollars to 110 dollars for 1,000 cu.m.

ArmRosGazprom proposed raising the tariffs from 59 to 108 drams for 1
cu.m. for the population and from 79 dollars to 145 dollars for 1,000
cu.m. for the industrial consumers.

[Mediamax news agency, Yerevan, in Russian 1040 gmt 10 Mar 06 quoted
the chairman of the Union of Consumers of Armenia, Armen Pogosyan, as
saying that the decision to raise the tariffs was “socially
unacceptable”.]