Gas price reduction not only necessary, but also possible: PMFebruary 4, 2016 - 13:38 AMT PanARMENIAN.Net - Tariffs for energy carriers must be reasonable and beneficial for both the economy and the population, Armenia’s Prime Minister said on Thursday, February 4, according to Panorama.am. “Energy prices should not hinder competitiveness of products by Armenian business entities,” Hovik Abrahamyan noted. “We are determined to make Gazprom Armenia stable and reasonably profitable.” “The recent decline in gas consumption volumes indicates that the company can increase its revenues with lower prices. I believe, Gazprom Armenia should suggest this business logic to its parent company and the public for both Gazprom and Russia to realize the mutually beneficial nature of our proposal,” the Prime Minister said. Geopolitical developments show gas price reduction to be not only necessary but possible as well, he said. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |