ARMENIA HOPES TO RECEIVE CHEAP GAS FROM RUSSIA

The Messenger, Georgia
Sept 13 2013

By Messenger Staff
Friday, September 13

Armen Movsisyan, Armenia's energy minister, has spoken about the
possibility of gas from Russia being subsidized. Movsisyan explained
that Russian state energy company Gazprom has decided to sell natural
gas to Armenia at $270 per thousand cubic meters. Movsisyan expressed
his hope that 30% of this amount will be subsidized. The minister
expressed his confidence that as soon as Armenia enters the Eurasian
Union the price of natural gas from Russia will fall to $189 per
thousand cubic meters.

http://www.messenger.com.ge/issues/2946_september_13_2013/2946_econ_four.html