Representatives of Gazprom continue negotiations in Armenia

Regnum, Russia
March 31 2006

On March 31, representatives of Gazprom and Armenia are to conduct
negotiation regarding Russian gas supply to Armenia. As a REGNUM
correspondent has been informed in press office of the Armenian Energy
Ministry, the negotiations will continue, and specific conditions of
contact will be announced after the end of the negotiations.

Also, the ministry declined to comment on the information of transferal
to the Russian side of the 5th power generating unit of Hrazdan power
plant and Iran-Armenia gas pipeline. The ministry stated that all
information will be presented after the end of the negotiations.

The time of delay granted to the Armenian side by Gazprom expires
on April 1. From that date, the gas will be supplied to Armenia for
$110 per 1,000 cubic meters. Probably, today the sides will agree on
a gas price to Armenia and mechanisms of softening the consequences
for the Armenian population and the country~Rs economy.