Official: Gazprom Armenia seeks $30 increase in gas tariffJanuary 18, 2020 - 14:26 AMT PanARMENIAN.Net - Chairman of the Public Services Regulatory Commission Garegin Baghramyan said on Saturday, January 18 that Gazprom Armenia (100% owned by Russia’s Gazprom) proposes to raise tariffs for natural gas by $30. In January 1, 2019, Russia raised natural gas prices for Armenia from $150 to $165 per one thousand cubic meters, but the so-called “border price" doesn’t affect the internal tariff for the population. “Gazprom Armenia is no longer compensating the $15 increase in gas prices and is further raising the tariffs by $15,” Baghramyan told reporters on Saturday, Panorama.am reports. He said negotiations are still underway with the Russian side which has yet to file an application. Baghramyan added, however, that the price will not necessarily increase by $30 as negotiations focused on the company optimization and possible cost reductions, as well as a $500 million long-term investment project are currently underway. The official said discussions will most probably conclude by April 1, and only after that may an price increase request be filed. 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 | 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. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |