ITAR-TASS, Russia
Monday 4:44 PM GMT
Price of Russian gas for Armenia will be $165 per 1,000 cubic meters from January 1, 2019 – Gazprom
The price of Russian gas at the border of Georgia and Armenia from January 1, 2019 will be $ 165 per 1,000 cubic meters, Russian gas giant Gazprom said in a statement published on Monday.
MOSCOW, December 31. /TASS/. The price of Russian gas at the border of Georgia and Armenia from January 1, 2019 will be $ 165 per 1,000 cubic meters, Russian gas giant Gazprom said in a statement published on Monday.
Gazprom’s CEO Alexey Miller and Acting Deputy Prime Minister of Armenia Mger Grigoryan held a working meeting in Moscow on Monday.
"Under the signed additional agreement to the contract between Gazprom export and Gazprom Armenia, determining the price of gas supplies to Armenia in 2019, the price of Russian gas at the border of Georgia and Armenia from January 1, 2019 will be $ 165 for 1,000 cubic meters," according to the statement.
It is noted that Gazprom Armenia will continue working with the relevant state agencies of the republic’s government on the structure of domestic gas tariffs.
The Armenian authorities have repeatedly said earlier that they were negotiating a gas price reduction with the Russian side. In 2018, Armenia received gas on the border with Russia at the price of $150 per 1,000 cubic meters, which had been lowered to that level from $165 per 1,000 in 2016. Meanwhile, the fuel price for consumers was $290.
Russian gas deliveries to the country stood at 1.87 billion cubic meters in 2016, and at 2 billion cubic meters in 2017.
Gazprom Armenia, a subsidiary of the Russian holding, is carrying natural gas deliveries to Armenia. The contract for supply of up to 2.5 bln cubic meters of natural gas is effective until 2019 year-end.