// IP Marketing video - START// IP Marketing video - END

Russia may cut price for Armenia gas supplies, Energy Minister says

Russia may cut price for Armenia gas supplies, Energy Minister says

PanARMENIAN.Net - The government of Armenia has applied to Moscow for a reduction of gas price, the Minister of Economy told reporters Wednesday, January 20, PastInfo reports.

“The price of energy carriers obviously plays a significant role for our economy, as it determines electricity tariffs,” Karen Chshmarityan said. “Missing this opportunity and not giving it a try would be wrong, taking into account the fact that many Armenian companies are major consumers of gas and electricity.”

Chshmarityan failed to name the exact figure, noting, however, that a possibility of price cut does exist.

According to non-official sources, the price of natural gas imported from Russia will drop by 20%.

 Top stories
Gegard Mousasi, a mixed martial artist of Armenian origin, will defend his middleweight title against American Rafael Lovato Jr.
The World Bank Group Board of Executive Directors endorsed the 2019-23 Country Partnership Framework for Armenia.
The International Monetary Fund expects Armenia's economic growth to slow to 4.5% this year from 5.2% in 2018.
Tatevik Revazian said she has held talks with senior executives of the Irish carrier in Dublin for that purpose.
Partner news