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Gas Price To Rise To $200 Per 1,000 Cubic Meters In Armenia From Apr

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  • Gas Price To Rise To $200 Per 1,000 Cubic Meters In Armenia From Apr

    GAS PRICE TO RISE TO $200 PER 1,000 CUBIC METERS IN ARMENIA FROM APRIL 2010

    ARKA
    Sep 23, 2008

    YEREVAN, September 23. /ARKA/. Armenia will pay $200 (VAT inclusive)
    per 1,000 cubic meters of gas starting from April 2010, said Karen
    Karapetyan, president of the ArmRosGasProm Company.

    As from April 1, 2009, gas price will be $154 (VAT inclusive) per
    1,000 cubic meters, compared with current $110 (VAT inclusive).

    Karapetyan believes the Armenian government-Gazprom agreement 2009-2015
    is mutually beneficial.

    Gazprom agreed to sign a mid-term contract with Armenia, taking into
    account strategic cooperation between Armenia and Russia, as well as
    Gazprom's successful business in Armenia.

    The agreement helps Armenia avoid hikes in gas price.
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