Announcement

Collapse
No announcement yet.

Russia Doubles Gas Price For Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Russia Doubles Gas Price For Armenia

    RUSSIA DOUBLES GAS PRICE FOR ARMENIA

    RIA Novosti, Russia
    April 1 2006

    MOSCOW, April 1 (RIA Novosti) - Russia will double Saturday the
    price for its natural gas supplied to Armenia from the current $54
    per 1,000 cu m to $110.

    A Russian-Armenian joint venture, ArmRosgazprom, which is owned by
    the Armenian Energy Ministry (45%), Russian energy giant Gazprom (45%)
    and independent Russian oil and gas company Itera (10%), has a monopoly
    right to supply and distribute gas on Armenia's domestic market.

    ArmRosgazprom requested the Armenian commission for the regulation
    of public services to raise natural gas tariffs from $131 to $240 per
    1,000 cu m for private consumers and from $175 to $322 for commercial
    consumers using more than 10,000 cu m. A relevant decision will come
    into force a month after the request is approved.
Working...
X