YEREVAN, JUNE 5, ARMENPRESS. Talks are ongoing regarding the possible ways of reduction or subsidizing the Russian gas tariffs and the negotiations are not over. The Minister of Energy and Natural Recourses of the Republic of Armenia Armen Movsisyan stated this at the press conference held on June 5. He emphasized that the new gas tariff will be in force after the affirmation of the Public Services Regulatory Commission of the Republic of Armenia. As reports "Armenpress" the Minister of Energy and Natural Recourses of the Republic of Armenia Armen Movsisyan noted: "There are no news in the current situation yet."

Among other things the journalists addressed questions regarding the way the Government of the Republic of Armenia is going to subsidize the gas tariff for 30 percent. Armen Movsisyan underscored that they are negotiating with the Russian side regarding this issue as well and discuss "their compensation via grant funds".

"Armrusgazard" CJSC and "Transgaz" LLC applied to the Public Services Regulatory Commission of the Republic of Armenia, offering to raise the current gas tariff from AMD 132,000 to AMD 221,000. It is suggested to raise the present price for the gas from 132,000 AMD to 221,000 AMD for the users (subscribers), who consume up to 10,000 normal cubic meter of gas monthly, VAT included.

The Prime Minister of the Republic of Armenia Tigran Sargsyan sent an official letter to the Chairman of the Public Services Regulatory Commission of the Republic of Armenia Robert Nazaryan. In accordance with the letter the Government of the Republic of Armenia will subsidize the gas tariff for 30 percent. The Public Services Regulatory Commission of the Republic of Armenia finds it reasonable to fix AMD 156 as a new price for 1 cubic metre of gas, VAT included.