Saturday, May 16 2020 14:46
Alina Hovhannisyan

Pashinyan: Now is not the best time for talks on rising gas prices

Pashinyan: Now is not the best time for talks on rising gas prices

ArmInfo. Negotiations regarding gas prices with the Russian side are ongoing, but given the situation on the energy market and amid falling oil prices, we do not think  that now is the best time to talk about raising gas tariffs. Prime  Minister Nikol Pashinyan expressed a similar opinion, answering  journalists' questions during a press conference dedicated to 100  facts about the new Armenia.

In this vein, he stated that Armenia will continue to cooperate with  its strategic partner in the context of the crisis and the social  problems arising from it caused by the coronavirus pandemic.   Regarding the activities of companies with Russian capital in  Armenia, the Prime Minister noted that this issue was discussed in  detail and openly with the President of the Russian Federation,  during which clear agreements were reached that should be implemented  based on the interests of the two countries.  <We have a rich agenda  of relations, solving the tasks of which, I'm sure that we will go  forward. Most importantly, they should be resolved in the field of an  allied friendly compromise and mutual understanding. I am sure that  it will be so>, Pashinyan said.

It should be noted that on March 31, Armenian Deputy Prime Minister  Mher Grigoryan stated that the government sent a letter to Alexey  Miller, Chairman of the Gazprom Management Committee, about the  beginning of new negotiations on reducing gas prices. On April 2, the  Public Services Regulatory Commission of Armenia received a request  from Gazprom Armenia to revise gas prices.  According to the  Statistical Committee of the Republic of Armenia, Russia holds the  leadership in terms of total investments and FDI in the economy of  Armenia- for 2019 $ 1.02 billion (with a slowdown in y-o-y growth  from 23.5% to 3.4%), incl. FDI - $ 386.1 million (with a  deterioration in y-o-y dynamics from 31.7% growth to 8.4% decline).