Armenia Faces 40% Gas Price Increase From Next April

摘要

Armenia will pay S154/'000 cubic meters for Russian gas starling from April 1, 2009, 40% more than it pays now, according to a contract signed mid September.rnThe price for Russian gas for Armenia will rise further to $200/'000 cu m from April 2010. according to the general director of ArmRosGazprom, Karen Karapetyan. After 2010, the price will be gradually raised to market levels to match the planned price increase for Russian domestic consumers, expected after 2011, Karapetyan was quoted as saying by Russia's Primn-Tass. Until April 1, Armenia will pay $110/ '000 cubic meters foi Russian gas, Gazprom said.