GAS PRICE TO GROW IN ARMENIA, PAPER SAYS

PanARMENIAN.Net
October 17, 2012 – 14:12 AMT

PanARMENIAN.Net – 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.