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YEREVAN. – The sale of shares is one of the scenarios of the negotiation process. This deal will be made if it is beneficial for the Armenian government, Energy Minister Armen Movsisyan told reporters.

Commenting on reports about selling of the Armenian shares to ArmRusGasprom, he assured that no one was imposing the deal.

 “Gas supply is a complex issue. It is not only about gas price. By the end of this month talks will be over,” he said.

Movsisyan explained that even if 100 percent of shares belong to Russia’s Gazprom, the situation would not change.

Under the Armenian law, the functions of country’s energy supply are licensed. Consequently, it does not matter who the owner of shares is, as the owner will have to operate under a license granted by Armenia, he said.

Asked why Gazprom wants to become a full owner of ArmRusGazprom, Movsisyan asked:  “Who said that they want?”

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