YEREVAN. – A new gas price will be finally determined in the end of November and will be in effect starting January 1, the chairman of Armenian Public services regulatory commission said.

The decision on new electricity rate will be also made by the end of December, Robert Nazaryan told reporters. The new rate will be in effect from February 1, 2017.

In an early conversation with Armenian News-NEWS.am correspondent, Nazaryan said that the decision on the reduced gas price will be made within the next 15 days.