Gazprom Armenia may revise gas price if AMD rate drop continuesDecember 17, 2014 - 15:14 AMT PanARMENIAN.Net - Further depreciation of the Armenian dram against the U.S. dollar may prompt Gazprom Armenia to apply to the Public Services Regulatory Commission (PSRC) for a revision of the gas price following a monitoring, Tert.am said quoting the company’s spokesperson. “In view of current situation, Gazprom Armenia will be conducting daily monitoring. If the upward trend continues in the months to come, bringing losses to the company, the latter will apply to the Regulatory Commission for a price revision,” Shushan Sardaryan said. Earlier, Sardaryan reported the gas price to have remained unchanged at the border - $189 per 1,000 cubic meters. Current price was calculated at an exchange rate of $1/AMD 416.5. Meanwhile, PSRC said to have received no applications for revision of utility tariffs, according to the Commission spokesperson Mariam Stepanyan. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |