Announcement

Collapse
No announcement yet.

Russia gas price for Armenia to make 110 dlrs till Jan 1, 2009

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

  • Russia gas price for Armenia to make 110 dlrs till Jan 1, 2009

    ITAR-TASS News Agency
    TASS
    April 6, 2006 Thursday 06:22 AM EST

    Russia gas price for Armenia to make 110 dlrs till Jan 1, 2009



    The Russian gas giant Gazprom and the Armenian government signed an
    agreement for the next 25 years stipulating the strategic principles
    of cooperation in the gas projects in Armenia.

    According to Gazprom, the agreement sets the price on Russian natural
    gas for Armenia at 110 dollars per 1,000 cubic meters till January 1,
    2009.

    The agreement stipulates that Gazprom will buy ArmRosgazprom from the
    Armenian government that is building the 40-kilometer section of the
    Iranian-Armenian pipeline and the fifth power unit of the Razdan
    thermal power station (Razdan-5).

    Gazprom said in a press release that under the agreement Armenia
    should assign to ArmRosgazprom the functions of the party ordering
    the construction of the 197-kilometer second section of the
    Iranian-Armenian pipeline.

    The preliminary purchase and sale contracts should be concluded
    before April 14, 2006, and the ownership of the foresaid facilities
    should be finally transferred before January 1, 2007. After the deal
    the Gazprom share in the ArmRosgazprom authorized capital will make a
    special majority.
Working...
X