Russia may cut price for Armenia gas supplies, Energy Minister saysJanuary 20, 2016 - 15:11 AMT 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 Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |