NATURAL GAS PRICE FOR ARMENIA’S CONSUMERS TO BE RAISED 37.5% ON APRIL 1
ARKA
Feb 26, 2010
YEREVAN, February 26. /ARKA/. Natural gas price for Armenia’s consumers
will be raised 37.5% to AMD 132 on April 1, 2010, from present AMD
96 per one cubic meter.
ArmRosgasprom proposes to raise price for gas consumers who use 10,000
cubic meters a month from AMD 96,000 per every 1,000 cubic meters to
AMD 136,000 (VAT included).
Armenian Public Services Regulatory Commission has considered this
proposal, but set gas price at AMD 132,000 instead of the AMD 136,000
proposed by Armgasprom.
Those consumers using more than 10,000 cubic meters of gas monthly
will pay $243.13 per each 1,000 cubic meters instead of $215 presently.
ArmRosgazprom pointed out 17% increase of wholesale price for gas as
key argument for raising retail gas prices.
The company also indicates 27-percent devaluation of Armenian national
currency, investments in the network development and 20% decline in
gas consumption as grounds for raising gas price.
Remarkable is that nobody can say for sure how much gas consumption
fell, since there is absolutely no information about the matter.
In April 1, Russia will raise its export price for Armenia from present
$154 per 1,000 cubic meters to $180 (VAT included), in accordance
with agreements.
ArmRosgasprom CJSC enjoys the sole right for importing and distributing
Russia gas in Armenia.
Russian Gasprom holds 80% of the company’s shares, and the remaining
20% belong to Armenian government. ($1 = AMD 384.37).