Armenia and Russia are negotiating the reduction of gas prices for 2010, Sushan Sardaryan, Press Secretary, Armrosgazprom, told NEWS.am. She confirmed the information reported by the Komersant newspaper, namely, that Russia intends to reduce the price for gas exported to Armenia.

Armenia and the Gaspromexport Company signed a long-term contract setting the terms of gas supply to Armenia for 2009-2015. Under the contract, the gas price for Armenia is to be gradually raised. This January-March Armenia received Russian gas at U.S. $100 for 1,000 cubic meters, from April 1, 2009, the price was raised up to U.S. $154. This rate is to be in effect until March 31, 2010. From April 1, 2010, the price was to reach U.S. $200 for 1,000 cubic meters. The Komersant newspaper reported that the price may be set at U.S. $180.

Sardaryan reported that the issue of being negotiated. “We cannot make any comments. All the other issues are dealt with at the presidential level,” she said.