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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |