Gas price in Armenia pegged to Russia’s domestic prices – Serzh Sargsyan
18:26 * 28.03.14
Armenian President Serzh Sargsyan visited Armenia’s Ministry of Energy
and Natural Resources on Friday.
He held a meeting with the ministry staff and dwelt on the price of
Russian gas for Armenia.
Armenia’s leader said in particular:
“Any optimal decision is only half of the work. Of course, the
decision on the construction of a new nuclear power unit is very good,
but it is only half of the work. We should be able to provide timely
and competent explanations for this decision for the people to realize
the significance of the decision. I can cite an example. We all, I
too, all our citizens are concerned over the gas price. But,
fortunately, no one is now speaking of the gas price that is envisaged
by the agreement with Gazprom. Why? Because it is the lowest price
Russia has set for a country. Secondly, people have realized that,
under the agreement, this price will be in effect for five years. And
it is pegged to Russia’s domestic prices, which are not expected to
show a dramatic rise or will show the highest annual rise of 5%. Of
course, it is not desirable. On the other hand, it is not what used to
be. Moreover, not only our fellow-citizens, but also foreign
businessmen are well aware of this. Seeing the predictability and the
gas price, they think of starting up businesses in Armenia. And we
have some examples. They even think they can export their products to
the other Customs Union member-states without any hindrances.”
Armenian News – Tert.am
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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