Time in Yerevan: 11:07,   19 March 2024

Russia will supply gas to Armenia on a privileged cost

Russia will supply gas to Armenia on a privileged cost

YEREVAN, OCTOBER 12, ARMENPRESS. Russia will supply gas to Armenia on a privileged cost that will be rather cheap. As “Armenpress” reports, this was announced by the minister of Energy and Natural Resources of Armenia Armen Movsisyan at the end of the session of intergovernmental committee, but he refused to tell what exact price he meant. The minister mentioned the following: “We are still negotiating about the price for gas. There will be special privileged price for Armenia, but the precise cost will be clear only after the end of the negotiations. Unlike other countries we will buy gas for very cheap prices.” According to him after the final cost is fixed the government will start thinking about subsidizing needy classes.

Current gas price for Armenia is 180 USD for 1000 cubic metre.

Speaking about the new energy station Movsisyan mentioned that presently they are working on the development of new financial schemes.  








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