MP says gas prices for Armenia must be in line with regional tariffs

MP says gas prices for Armenia must be in line with regional tariffs

PanARMENIAN.Net - Gas prices for Armenia must be in line with regional tariffs, chairman of the National Assembly Standing Committee on Financial-Credit, Budgetary Affairs said.

“Gas prices must conform to economic benefit and regional tariffs,” Gagik Minasyan said, commenting on the impact of possible upsurge of gas prices on Armenian economy.

Russia and Armenia have reached agreement on Russian gas supply prices, President Serzh Sargsyan said.

“The price of gas supplied to Armenia should be based on market prices, in line with regional tariff prices when maintaining economic efficiency,” President Sargsyan said.

In early July, Armenian media outlets disseminated information on possible surge of Russian gas starting October 1, 2012, with 1,000 cubic meters of gas on border with Armenia to cost $280.

 Top stories
A reformed inspections system will mean reduced inspections for less riskier businesses, saving them time and resources.
Armenia saw remarkable economic growth and poverty reduction in the period preceding the global financial crisis of 2008–2009.
Priority needs will be identified through assessments of economic development potential and prioritization by the communities.
However the proportion of women reaching the top tier of the business world has shown little progress over the past decade.
Partner news