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Russia did not submit request for review of natural gas price – Armenian ministe

16:02, 16.02.2012 Region: Armenia, Russia Theme: Economics

YEREVAN. – The Russian Gazprom Company did not submit a request for reviewing the price of natural gas being supplied to Armenia, Energy and Natural Resources Minister Armen Movsisyan informed during a press conference on Thursday. 

In his words, the arrangements are such that Gazprom has to submit a request for changing the price of gas four months in advance, yet it has not presented such demand to date.  

Armenia receives natural gas at a price of US$ 180/1,000 m3, which is considerably less than the price being charged for Europe, which is close to $450/1,000 m3.

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