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What Will The Price Of Gas Be In 2009?

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  • What Will The Price Of Gas Be In 2009?

    WHAT WILL THE PRICE OF GAS BE IN 2009?

    Lragir.am
    12-09-2007 16:08:07

    The price of gas for consumption in Russia will be 150 dollars per
    1000 cu m till 2011, said the deputy chairman of Gazprom's management
    committee Valery Golubev in Yerevan on September 12 when the Armenian
    reporters asked what to expect regarding the price of gas for Armenia.

    Golubev like the Gazprom leadership said Armenia now buys gas for
    the minimum price, lower than Belarus which will pay 130 dollars per
    1000 cu m from 2008, while Armenia will continue to pay 110 dollars
    for another year.

    For Europe, the price of gas is above 250 dollars. Golubev said in
    fact Gazprom is now subsidizing the Armenian economy by selling cheap
    gas to Armenia. Meanwhile, studies show that in 2011 the price of gas
    will be 150 dollars, Valery Golubev says. "Today Armenia is supplied
    gas for 110 dollars. It is our understanding, our understanding of the
    general economic state," Valery Golubev said. He says they understand
    that a steep rise in the price of gas may strike the Armenian economy,
    therefore the price should rise gradually to prepare the economy.

    When the price of gas went up in 2006, Armenia and Russia signed an
    agreement. Russia committed to keeping the price 110 dollars from 2006
    to 2009. It is not good faith because by this agreement we gave the
    fifth generating unit of the Thermal Power Plant and the Armenian
    section of the Iran-Armenia gas pipeline to Russia. The reporters
    asked what price Russia plans to set in 2009 when the agreement
    expires. Valery Golubev beat about the bush saying they sell gas to
    Armenia cheaply, they understand our economic problems, they raise
    the price not only for Armenia but also the others, as well as for
    the Russian consumers and did not say what the price will be in 2009.

    Golubev declined to answer because it is an issue to negotiate.

    From: Emil Lazarian | Ararat NewsPress
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