At focus
Russia cuts gas tariffs for Armenian consumers, businesses

Russia cuts gas tariffs for Armenian consumers, businesses

May 31
The Public Services Regulatory Commission of Armenia (PSRC) on Tuesday, May 31 approved the decision on the gas price reduction. The price for 1,000 cubic meters of gas will be lowered to AMD 146.700 against the current AMD 156.000 (a reduction of AMD 9.3 – about 2 cents – per 1 cubic meter) for people with a monthly consumption of up to 10.000 cubic meters of gas. For those with a monthly consumption of 10 thousand cubic meters or more, the current price of $276.98 will be reduced to $257.56 (a reduction of some 20 cents per one cubic meter). The new tariffs come into force from June 1.
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