Public Services Regulatory Commission finds AMD 156 for gas tariff reasonable

YEREVAN, MAY 23, ARMENRPESS. The Public Services Regulatory Commissionof the Republic of Armenia has already finished comprehensive revisions regarding the new gas tariff and made a preliminary decision to fix AMD 156 as a new price for 1 cubic metre of gas, VAT included. The Head of Tariff Policy Department of the Public Services Regulatory Commissionof the Republic of Armenia Garegin Baghramyan stated this during the press conference held on May 23. As reports "Armenpress" Garegin Baghramyan noted: "The Public Services Regulatory Commissionreceived the application regarding the gas tariff revision on May 14. Taking into consideration the fact that the Government of the Republic of Armenia will subsidize it for 30 percent, we consider AMD 156 tariff for the population reasonable."

"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.