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GAS PRICE IN ARMENIA PEGGED TO RUSSIA'S DOMESTIC PRICES - SERZH SARGSYAN
18:26 * 28.03.14
Armenian President Serzh Sargsyan visited Armenia's Ministry of Energy
and Natural Resources on Friday.
He held a meeting with the ministry staff and dwelt on the price of
Russian gas for Armenia.
Armenia's leader said in particular:
"Any optimal decision is only half of the work. Of course, the decision
on the construction of a new nuclear power unit is very good, but
it is only half of the work. We should be able to provide timely and
competent explanations for this decision for the people to realize the
significance of the decision. I can cite an example. We all, I too,
all our citizens are concerned over the gas price. But, fortunately, no
one is now speaking of the gas price that is envisaged by the agreement
with Gazprom. Why? Because it is the lowest price Russia has set for
a country. Secondly, people have realized that, under the agreement,
this price will be in effect for five years. And it is pegged to
Russia's domestic prices, which are not expected to show a dramatic
rise or will show the highest annual rise of 5%. Of course, it is not
desirable. On the other hand, it is not what used to be. Moreover,
not only our fellow-citizens, but also foreign businessmen are well
aware of this. Seeing the predictability and the gas price, they think
of starting up businesses in Armenia. And we have some examples. They
even think they can export their products to the other Customs Union
member-states without any hindrances."
Armenian News - Tert.am
18:26 * 28.03.14
Armenian President Serzh Sargsyan visited Armenia's Ministry of Energy
and Natural Resources on Friday.
He held a meeting with the ministry staff and dwelt on the price of
Russian gas for Armenia.
Armenia's leader said in particular:
"Any optimal decision is only half of the work. Of course, the decision
on the construction of a new nuclear power unit is very good, but
it is only half of the work. We should be able to provide timely and
competent explanations for this decision for the people to realize the
significance of the decision. I can cite an example. We all, I too,
all our citizens are concerned over the gas price. But, fortunately, no
one is now speaking of the gas price that is envisaged by the agreement
with Gazprom. Why? Because it is the lowest price Russia has set for
a country. Secondly, people have realized that, under the agreement,
this price will be in effect for five years. And it is pegged to
Russia's domestic prices, which are not expected to show a dramatic
rise or will show the highest annual rise of 5%. Of course, it is not
desirable. On the other hand, it is not what used to be. Moreover,
not only our fellow-citizens, but also foreign businessmen are well
aware of this. Seeing the predictability and the gas price, they think
of starting up businesses in Armenia. And we have some examples. They
even think they can export their products to the other Customs Union
member-states without any hindrances."
Armenian News - Tert.am