Wednesday, January 30 2019 14:35
Naira Badalian

Deputy Prime Minister of Armenia: Negotiations with Gazprom Armenia  on the terms of saving gas prices for consumers continue

Deputy Prime Minister of Armenia: Negotiations with Gazprom Armenia  on the terms of saving gas prices for consumers continue

ArmInfo. Armenian Deputy Prime Minister Tigran Avinyan said, due to which, in the domestic market, the price of gas in the conditions of its rise in price at the border  will remain at the same level.

"There are different components that form the cost of gas for the  domestic consumer: due to optimization, recalculation and revaluation  of these components, loss review. There are various indicators that  need to be revised. I think that we will find those specific points  where this optimization is possible ", - said Avinyan on January 30  in an interview with journalists.

When asked how much time Gazprom Armenia is ready to subsidize the  price for the end user and whether the annual period is fixed or if  it's possible that the company will stop doing it at some point, the  Deputy Prime Minister replied: "Negotiations are still in progress,  everything becomes clear as the time. As soon as there is new  information, we'll inform the public. " 

To recall,Gazprom head Alexei Miller and Acting Deputy Prime Minister  of Armenia, Mher Grigoryan, signed the supplementary agreement to the  gas supply contract of Gazprom Armenia CJSC (gas distribution  organization of the country, 100% of Gazprom) on December 31. The  price of gas for Armenia on the border with Georgia since the  beginning of 2019 has increased by 10% - to $ 165 per thousand cubic  meters.

As Armenian Prime Minister Nikol Pashinyan said earlier, the  Government of Armenia is not going to subsidize the gas price, and no  assets will be transferred in return. Nevertheless, he assured, in  2019 the price of gas for consumers of Armenia will not change.  According to him, Armenia agreed with Gazprom on preserving the  domestic gas tariff. Gazprom sells gas not to Armenia, but to Gazprom  Armenia, therefore our role is indirect. But we agreed with Gazprom  Armenia that the gas price inside the country will not change, "said  Pashinyan on the sidelines of the World Economic Forum in Davos.

Gazprom Armenia CJSC is a 100% subsidiary of Gazprom PJSC, providing  for the supply and sale of natural gas in the domestic market of the  Republic of Armenia. The Gas Transportation System (GTS) serves  1,682.2 km of main gas pipelines and branch pipelines. As part of the  gas distribution system, 15,116 km of high, medium and low-pressure  gas pipelines and auxiliary facilities are currently serviced.

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