Moscow and Yerevan Have Agreed on the Gas price for Armenia to 2019
OREANDA-NEWS The price of Russian gas on the border of Georgia and Armenia from January 1, 2019 will be $165 per 1,000 cubic meters, Gazprom said in a statement published on Monday.
On Monday, Gazprom Chairman of the Board Alexey Miller and acting Deputy Prime Minister of Armenia Mher Grigoryan held a working meeting in Moscow.
"In accordance with the signed additional agreement to the contract between OOO "Gazprom export" and CJSC "Gazprom Armenia" in determining the price of gas supplies to Armenia in 2019, the price of Russian gas on the border of Georgia and Armenia from January 1, 2019 will be $165 per 1 thousand cubic meters", – stated in the message.
It is noted that "Gazprom Armenia" will continue to work with the relevant state bodies of the government of the Republic on the structure of internal gas tariffs.
Yesterday, acting Prime Minister of Armenia Nikol Pashinyan spoke on the phone with Russian President Vladimir Putin. During this telephone communication, a solution acceptable to the two sides was found. The price of gas for the Armenian population will not change.
Earlier, the Armenian authorities have repeatedly stated that they are negotiating to reduce gas prices with the Russian side. In 2018, Armenia received gas at the border with Russia at $150 per 1,000 cubic meters, it was reduced to this level from $165 per 1,000 cubic meters in 2016. The cost of fuel for consumers was $290.
There are two natural gas supply chains in Armenia. The first is the Russian company Gazprom, which supplies gas to Gazprom Armenia. And the second chain is the direct supply of gas to consumers from Gazprom Armenia. At the same time, with the increase in the price of gas, Gazprom and Gazprom-Armenia will reconsider their relations: the society has already started discussing the fact that the Armenian side can accumulate debts to Gazprom, for the repayment of which Russia will have to transfer any assets
