Armenia Suspended Gas Delivery to Georgia since May

PanARMENIAN.Net - "Armenia has not exported energy to Georgia since May 2006 over the rise in prices for Russian gas," head of the department of tariff policy at the commission for regulation of Armenian public policies Armen Arshakyan said. In his words, as result of double rise in prices for Russian gas in April 2006 (from $56 to $110 for 1 thousand cubic meters) the energy processed at the Hrazdan and Yerevan heat power plants cannot compete with Georgia's inner tariffs. The expert was earlier exercised by the International Energy Corporation and ArmRosgazprom, reports newsarmenia.ru.
 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
---