Friday, October 19 2018 18:09
Ani Mshetsyan

Deputy President of Parliament: Now is the right time to raise the  issue of reducing gas and electricity tariffs

Deputy President of Parliament: Now is the right time to raise the  issue of reducing gas and electricity tariffs

ArmInfo.  A meeting of the commission for the investigation of the validity of gas and  electricity tariffs started in the National Assembly of Armenia.  The  head of the commission, Deputy President of the Parliament Mikael  Melkumyan suggested inviting energy experts to the meetings of the  commission. Touching on the tariffs for gas and electricity, the  Deputy President said that now is the right time to raise these  issues.

The Deputy President stressed that at the border, Armenia buys gas at  a price of $ 150 per 1 thousand cubic meters, and it reaches the  consumer twice as expensive.

The purpose of the commission will be to study the entire chain  through which gas is supplied to the consumer, and to understand the  situation. He stressed that it is also necessary to clarify the issue  related to technical and non-standard losses and the profit from the  sold gas received by Gazprom Armenia. The Deputy President also noted  that by the decision of the Acting Prime Minister a working group has  been formed that deals with the same issue, in connection with which  there is a need to organize the work of the parliamentary commission  so that its activities do not duplicate the research conducted by the  government structure. In an interview with journalists, Melkumyan  stated that the government and business representatives sought not to  reduce tariffs in order to form a profitable system. "We, as  parliamentarians, should ask two questions. First, is there a need  for parliament to develop legal contractual terms that would be a  reasonable compromise between consumers and producers. Secondly, we  need to understand why all the problems of energy companies should be  solved at the expense of consumers? Especially, if they have a  monopoly position and there are losses in the networks, "the Deputy  President said.

When asked why the parliamentarians from the Tsarukyan Bloc faction  started addressing this issue right now, and whether they want to win  the hearts of voters, Melkumyan said that the MPs launched this  initiative in mid-September, when there was no talk about early  parliamentary elections to be held in December of this year.

To recall, on October 10, the Minister of Energy Infrastructures and  Natural Resources of the Republic of Armenia Garegin Baghramyan,  answering the question of ArmInfo, noted that it is too early to talk  about the possibility of reducing gas tariffs for Armenian consumers.  According to him, a working group has been formed, which is studying  this issue. Only after the balance calculations are made, the  forecasts on consumption volumes, exchange rates, and when discussing  the issue with Gazprom Armenia and Armenia's Electric Networks it be  will possible to talk about the possibility of lowering energy  prices.  To note, on October 10 the government of Armenia approved  the agreement with the government of the Russian Federation on the  pricing of gas.

As Garegin Baghramyan noted, until December 31 of the current year  the price of gas will remain unchanged and will be $ 150 per 1  thousand cubic meters. The Minister stressed that delayed  consideration of issues is due to procedural costs.

To recall, currently Armenia receives gas from Russia at $ 150 per  thousand cubic meters at the border.  Domestically, the consumer is  already paying $ 290 dollars per thousand cubic meters of gas, large  subscribers who consume more than 10,000 cubic meters pay $ 242, and  greenhouses and processing plants pay $ 212. Meanwhile, following a  meeting with Russian President Vladimir Putin on September 8, Prime  Minister Nikol Pashinyan announced an agreement of the parties to  study together the pricing of Russian gas in Armenia. According to  him, the gas is supplied to the republic at a very low price, but  there is a high markup in Armenia. Later, during a meeting with the  Minister of Energy Infrastructures and Natural Resources of the  Republic of Armenia Garegin Bagramyan, the head of the Armenian  government announced his intention to discuss the price of Russian  natural gas with Vladimir Putin. Nikol Pashinyan noted that he  intends to meet with the Russian president in November and in  December and discuss with him, among other issues, the price of gas.  "I'm getting ready to meet with Putin in November and presumably in  December. Prepare documents for me on gas prices so that I can  discuss them," the republic's prime minister said. In turn,  Baghramyan expressed the opinion that the tariffs for Russian gas can  be reduced to $ 140 from $ 150 per thousand cubic meters. "The  document must be justified," Pashinyan replied.

Earlier, the now former Minister of Energy Infrastructures and  Natural Resources of Armenia Artur Grigoryan stated that the  negotiations on prices for Russian gas between the two countries will  be held in November. He noted that Yerevan will not stop looking for  ways to purchase cheap gas for Armenian consumers.

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Government Bonds

 

ISIN AMGB1029A250
Auction ID AMGB1029A250A
Date 12.05.2017
Issue date 29.10.2015
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
DLS
Total amount (AMD) 1 000 000 000
Amount of the total bids (AMD) 787 200 000
Amount of the total accepted bids (AMD) 787 200 000
Cut of yield (%) 10,6447
Weighted avrage yield (%) 10,6447
Auction max  yield (%) 10,6447
Auction min  yield (%) 10,6447
Number of participants 5
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

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