Dmitry Medvedev: Special price for gas for Armenia will continue in 2018

ArmInfo. The special gas price  for Armenia will continue in 2018, Russian Prime Minister Dmitry  Medvedev said in Yerevan on October 24 at a joint briefing with the  Armenian counterpart Karen Karapetyan in the Government of Armenia.

"A decision has been made, which is probably of key importance for  the Armenian economy: it is to keep a special price for Armenia for  the next year, despite the fact that before that we agreed on an exit  on slightly different parameters contribute to the improvement of the  overall economic and investment situation in Armenia," Medvedev said.

Earlier it was decided that the price for Russian gas in Armenia from  January 1 to December 31, 2017 at the border will be $ 150 per 1,000  cubic meters. The corresponding protocol to the agreement between the  Armenian and Russian governments dated December 2, 2013 was approved  at a government meeting on December 1. Until April, Russia sold gas  to Armenia at a price of $ 165 per 1,000 cubic meters. On April 7,  2016, within the framework of the visit of Russian Prime Minister  Dmitry Medvedev to Armenia, an agreement was reached on reducing the  gas price to $ 150, and relevant documents were signed. The Public  Services Regulatory Commission (PSRC) of the Republic of Armenia  approved the application of CJSC "Gazprom Armenia" on the revision of  natural gas tariffs for consumers in Armenia at the meeting on  November 25, which entered into force on January 1, 2017.