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April 25
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YEREVAN. – The Russian natural gas prices in Armenia will fall by close to 6 percent, starting July 1.

The respective decision was made at Tuesday’s meeting of the Public Services Regulatory Commission.

Accordingly, instead of 156 drams (approx. $0.33), the residents of Armenia will pay 146.7 drams (approx. $0.31) per one cubic meter of natural gas.

In addition, those who consume over 10,000 cubic meters of gas per month will pay $257.6, instead of $276.98, per 1,000 cubic meters.

The decision to reduce prices was made after April 7, when Russia set the natural gas price at the border of Armenia to $150, instead of $165.

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