Announcement

Collapse
No announcement yet.

Gazprom Doubles Armenia Gas Price

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

  • Gazprom Doubles Armenia Gas Price

    GAZPROM DOUBLES ARMENIA GAS PRICE

    United Press International
    April 6 2006

    MOSCOW, April 6 (UPI) -- Russia's Gazprom has doubled the amount it
    charges Armenia for gas.

    The rate is being increased from $56 per 1,000 cu.m to $110 dollars
    per 1,000 cu.m. until 2009.

    Gazprom has raised the price of gas for several former Soviet
    republics, including Ukraine and Moldova, which paid less than the
    market rate. Gazprom says the increased price reflect the market
    value of gas.

    In Moscow, Armenian Foreign Minister Vardan Oskanyan said the increase
    may have political consequences in his country.

    "The increase in the price of Russian gas in Ukraine has had political
    consequences," he said. "I think this is also possible in our country."

    A standoff between state-owned Gazprom and Ukraine early this year
    resulted in the company turning off the taps to Ukraine, affecting
    supplies to the rest of Europe, too.

    Russia is Europe's top provider of gas.
Working...
X