Armenia ready to discuss below-$189 gas price with Iran: Energy Minister

Armenia ready to discuss below-$189 gas price with Iran: Energy Minister

PanARMENIAN.Net - Iranian gas supplies will cost Armenia much more than Russia-provided gas, with Tehran seeking to sell gas at international prices, Energy Minister said.

As Armen Movsisyan stated in parliament, “though ready to provide necessary amounts of gas, Iran offers a price of $400 per 1000 cubic meters against Russia-offered $189, with the deal not beneficial to Armenia.” “Should Iran agree to lower the price to $100, I’m ready to start negotiations immediately,” the Armenian official said.

In conclusion, the minister noted that construction of Meghri hydropower plant may launch in 2014, with project work already completed.

 Top stories
That net balance was lower than 39% in June and the lowest since the Markit Global Business Outlook Survey began in 2009.
The project aimed to assist the country in improving financial management and efficiency of the government’s activity.
Australian PM Tony Abbott said leaders would discuss job creation, identifying tax cheats and strengthening the global economy.
This is the second in a series of three DPOs, supporting the government of Armenia in meeting its strategic objectives.
Partner news