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Parliament To Convene Hearings On Setting Up Ad Hoc Commission To Lo

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  • Parliament To Convene Hearings On Setting Up Ad Hoc Commission To Lo

    PARLIAMENT TO CONVENE HEARINGS ON SETTING UP AD HOC COMMISSION TO LOOK INTO GAS PRICING MECHANISM

    ARKA
    March 1, 2011
    YEREVAN

    YEREVAN, March 1, /ARKA/. Vahan Hovhanesian, a parliament member
    from the Armenian Revolutionary Federation/Dashnaktsutyun faction,
    who made a motion today to set up an ad hoc commission to make a
    probe of how the national natural gas system works, said hearings
    on the motion will be held in the parliament prior to March 21,
    when the next session may put it to vote.

    He said the parliament speaker and head of a standing committee on
    economic issues also agreed to convene the hearings and look into
    the expediency of setting up an ad hoc commission.

    Vahan Hovhanesian said not only representatives of ArmRosGazprom
    natural gas operator, but also government members responsible for
    determining gas price will be invited to attend the hearing.

    He said the hearings and setting up an ad hoc commission would benefit
    all and today's discussion of the problem showed that parliament
    members realize its importance.

    Armenian and Russian presidents agreed last Friday that the price
    of natural gas in Armenia this year will not rise after they met in
    Russian Saint Petersburg.

    Russian Gazprom that holds more than 80% in Armenia's national
    gas operator ArmRosGazprom, raised the cost of gas for Armenia by
    14 percent in 2009 and by another 17 percent in 2010 April to $180
    per thousand cubic meters. Following it the Armenian Pubic Services
    Regulatory Commission (PSRC) approved a 37.5 percent surge in the
    gas price for households requested by ArmRosGazprom. Last September
    Gazprom said it would gradually bring its gas tariffs for Armenia,
    Moldova and Belarus up to "market-based" international levels in
    the coming years. Gazprom currently sells gas to western and Central
    European countries for over $300 per thousand cubic meters.




    From: A. Papazian
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