YEREVAN. – A matter of increasing the Russian natural gas price for Armenia has not yet been discussed, Acting Energy and Natural Resources Minister Armen Movsisyan told Armenian News-NEWS.am.     

He added that so far the price increase applies solely to the Russian market.

“Armenia’s price is attached to the gas price of [Russia’s] Orenburg Oblast [province]. At this point, however, a matter of increasing the gas price for Armenia has not yet been discussed,” the acting minister stated.   

In March, the Russian Federation Federal Service on Rates reached a decision to increase, as of July 1 and by an average of 4.2 percent, the prices of wholesale natural gas from Russia.