Armenia still in talks over Russian gas price reduction: MinisterMarch 14, 2016 - 14:12 AMT PanARMENIAN.Net - Negotiations on the gas price reduction with the Russian side are currently underway, Armenia’s Minister of Energy and Natural Resources told reporters Monday, March 14. The price of $165 for the imported 1000 cubic meters of gas will be preserved through April 1, 2016. Armenia used to pay $189 for the same volume. “Once negotiations are over, we’ll let the public know about the outcome,” Levon Yolyan said. The Minister deemed improbable that talks might fail, with Armenia having to pay $189 again. Head of the National Energy Security Fund of Russia Konstantin Simonov said earlier that Russia may cut the price of natural gas for Armenia by 15-20%. Armenian Deputy Minister of Energy and Natural Resources Areg Galstyan noted, in turn, that Armenia is interested in the early completion of negotiations on the reduction of Russian gas prices. "The reduction of tariffs would serve as a powerful stimulus for the Armenian economy, including heavy industry, which is important in terms of GDP growth," said Galstyan. In mid-January, Armenia’s authorities asked their Russian counterparts to lower the price for the natural gas imported to Armenia. 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 | Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |