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Armenia Expects Talks On Gas Prices In 2009-2011 To Conclude By Autu

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  • Armenia Expects Talks On Gas Prices In 2009-2011 To Conclude By Autu

    ARMENIA EXPECTS TALKS ON GAS PRICES IN 2009-2011 TO CONCLUDE BY AUTUMN

    Interfax News Agency
    May 27 2008
    Russia

    Armenia expects to conclude talks with Gazprom (RTS: GAZP) on the
    price of gas deliveries in 2009-2011 over the coming two-three months,
    Energy and Natural Resources Minister Armen Movsiyan told journalists
    on Tuesday.

    A working group from Moscow is currently in Armenia to discuss the
    gas price. "We are trying to agree our approaches over the next few
    years on the prices for gas," he said.

    Armenia will pay $110 per 1,000 cubic meters for gas from Gazprom to
    the end of 2008. Gazprom has proposed raising the price in 2009 to
    $165 per 1,000 cubic meters.
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