RA President, Gazprom CEO discuss refinery construction in Armenia

PanARMENIAN.Net - Armenia's President Serzh Sargsyan met Monday with Gazprom CEO Alexei Miller, the RA leader's press office reported.



Welcoming the guest, the President said that in the name of Gazprom, Armenia has a reliable and promising partner. He voiced confidence that the cooperation will develop successfully, acquiring new dimensions.



The parties mentioned with satisfaction that in recent years ArmRusgazprom's activities have been rather efficient, the figures impressive and the very fact that the company has increased the volume of gas consumption speaks not only about the company's growth but also proves the sustainable growth of the Armenian economy as a whole. Among other achievements, the recent increase in gas consumption by the population of Armenia was mentioned. According to the President, as a result of a large-scale gasification of the country, today Armenia is among the countries with the highest level of gas consumption.



Referring to the gas tariffs and price making, Mr Miller informed that starting from 2011 Gazprom plans to introduce equal tariffs for the internal consumption as well as for the exported gas. It was agreed to change the prices gradually until 2011, taking into account that Gazprom holds 72 per cent of the ArmRusgazprom as well as the necessity to make the entire process predictable and affordable for the Armenian consumers.



M Sargsyan and Mr Miller also negotiated construction of a refinery and other investment programs implemented by Gazprom within the energy system of Armenia.