YEREVAN. – Armenia buys the Russian natural gas for $189 at the Georgian border, but it reaches the consumers for $310; the businesses purchase it at a cheaper price, Prime Minister Tigran Sargsyan said at a press conference on Friday.   

But Sargsyan agreed that $310 is quite a high price for gas; this price includes the expenses of the ArmRusGazprom Company, the losses, and the value-added tax (VAT).

“If gas consumption increases, its share will drop, and the price of gas for the consumers may be reduced.         

“If new, large-scale investments are made in Armenia, these programs can lead to the growth of gas consumption, reduce the cost share, and bring about a price reduction,” Tigran Sargsyan said.