The price for 1 cubic meter of gas will likely be set at AMD 156, said the head of the tariff policy department of the Public Services Regulatory Commission.

As Garegin Baghramyan told a May 23 news conference, “taking into consideration the promise of the Armenian government to subsidy 30% of the gas price, I can confirm that aprice per cubic meter will be set at AMD 156.”

Earlier, ArmRosgazprom CJSC addressed Armenia’s Public Services Regulatory Commission with an offer to reconsider natural gas prices, as well as the prices for the services of gas supply operator (ArmRosgazprom CJSC), gas distribution (ArmRosgazprom CJSC) and gas transportation (Transgas CJSC and ArmRosgazprom).

According to the company’s press service, the current price for consumers of up to 10 thous. cubic meters a month was set at AMD 132 thous. for every 1,000 cubic meters of natural gas (VAT), with the offered price to total AMD 221 (VAT included).