Wednesday, November 20 2019 10:07

ArmInfo. The cost of Russian gas for Armenia will not increase until the spring of 2020. This was announced on Tuesday by the Prime Minister of Armenia Nikol  Pashinyan at a meeting with Russian journalists, reports TASS. "The  price of gas will not rise until spring," said Pashinyan.

He added that following a discussion of this issue with Russian President  Vladimir Putin, the parties agreed that the tariff should be such as  not to hit the Armenian economy. On November 13, RA Deputy Prime  Minister Mher Grigoryan announced that negotiations on gas prices  with the Russian side were ongoing. According to his owls, today he  can report on the intermediate results of the negotiation process.  "In the winter months, the gas tariff will not increase. That is,  until April 1, the issue of raising the gas price will not be  discussed," Grigoryan said. Moreover, as noted by the Deputy Prime  Minister, one must understand that the gas tariff for the domestic  consumer is formed at least on the basis of three components: the gas  price at the border, the volume of Gazprom Armenia investments and  current expenses.

Back in early November of this year Head of the Public Services  Regulatory Commission (PSRC) Garegin Baghramyan, referring to  statements that the gas tariff for the end consumer will not increase  in the winter season in any case, explained that such "restrictions"  are due to purely procedural terms. That is, when the Russian  "Gazprom" decides on the gas tariff, "Gazprom Armenia" will apply for  a revision of the tariff for the domestic consumer, which the PSRC  will consider within 80 business days. Then the tariff will be  determined from the end of the specified 80 working days and will  enter into force after 30 days - in the spring of 2020.