Russia’s Gazprom lifts price of natural gas supply to Armenia in 2019

Emil Lazarian 2019
ETEnergyworld.com
Jan 1 2019


The deal was stuck at a meeting between Gazprom chief executive Alexei Miller and Armenian Deputy Prime Minister Mher Grigoryan in Moscow
REUTERS  |  , 09:45 IST

                   

MOSCOW: Russian gas giant Gazprom will supply Armenia with gas for $165 per 1,000 cubic metres in 2019, the company said on Monday, up from $150 this year.

The deal was stuck at a meeting between Gazprom chief executive Alexei Miller and Armenian Deputy Prime Minister Mher Grigoryan in Moscow, the company said in a statement.

Gazprom's gas price for Armenia is still lower than the average price it charges its European clients in long-term contracts, which stands at $250 per 1,000 cubic metres.

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS