October 17, 2012 - 14:12 AMT
Gas price to grow in Armenia, paper says

Gas price in Armenia may grow to AMD 196 up from AMD 132 in April, Haykakan Zhamanak daily said citing sources familiar with the matter.

“Should Russia-suggested gas price be accepted, gas tariff will soar to AMD 196 per 1000 cubic meters. Which means Russia will raise the price to $330 instead of officially announced $180 (the actual official price is $230.)

“The parties will most probably agree on a price of $250-260 per 1000 cubic meters, in which case the gas tariff will amount to AMD 163. However, the final decision will be announced in Spring, 2013,” the daily said.